The White House is attempting to deemphasize the fact that 113 Democrats in the House of Representatives joined Republicans to ban sales of oil from the U.S. Strategic Petroleum Reserve to China. "The House has passed bipartisan legislation that would ban the export to China from the strategic petroleum reserve. Given that oil has flowed from that reserve during both this administration and the previous one, is that the type of reform that the President would potentially support?"
Bottom Line
- The bill addresses a non-issue; we're very clear on that. We focus - we're focused on advancing legislation that would lower costs for American families, not raise them.
- So, I'm just going to leave it there," she said.
Republican leaders on the Senate Energy and Natural Resources Committee introduced companion bills of House legislation targeting President Biden’s use of the Strategic Petroleum Reserve (SPR).
- The Secure Auction for Energy Reserves Act
- Would prohibit the federal government from selling SPR stocks to China and other countries of particular concern.
- Earlier this month, the House passed similar legislation, the Protecting America's Strategic Petroleum Reserves from China Act, by a margin of 331-97.
The bill is companion legislation to a bill with the same name introduced in the House by Energy and Commerce Committee Chairwoman Cathy McMorris Rodgers, R-Wash., and which is slated for a floor vote this week
- However, Democrats and the White House have taken aim at the House bill, saying it would lead to higher prices.
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