New Bill Could Force Biden To Boost Oil Production

New Bill Could Force Biden To Boost Oil Production

OilPrice.com

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A group of Republican lawmakers have introduced a bill that would protect the U.S. Strategic Petroleum Reserves and shore up U.S. energy security, according to a press release published by the Energy and Commerce Committee. Known as the Strategic Production Response Act, the bill was put forward by Cathy McMorris Rodgers (R-WA), Steve Scalise (R-LA), and Fred Upton (R-MI). The bill would prevent the Secretary from “executing the first drawdown of petroleum products in the Reserve” except when there is a “severe energy supply interruption”,…

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