Robert Besser
04 Feb 2023, 02:07 GMT+10
WASHINGTON D.C.: The US House of Representatives has passed a bill that limits the ability of US Energy Secretary Jennifer Granholm to tap the Strategic Petroleum Reserve without drafting plans to increase the area of public land available for oil and gas exploration.
Representatives backed the bill 221 to 205, with only one Democrat supporting it.
However, the bill, known as the Strategic Production Response Act, is expected to face an uphill battle in the Democrat-controlled Senate, and the White House said that President Joe Biden would veto it, should it pass Congress.
H.R.21 requires Granholm to draft a plan to increase oil and gas leasing on federal lands before tapping the SPRl, though but it cannot stop the president from tapping the reserve during emergencies.
According to the bill's Republican backers, the Biden administration sold 180 million barrels from the reserve last year, or 1 million barrels a day for six months, which left the SPR at its lowest level since 1983.
Republican Representative Cathy McMorris Rodgers, chair of the House Energy and Commerce Committee, said the reserves should be used only to address true emergencies.
"President Biden has turned a longtime bipartisan strategic asset, the Strategic Petroleum Reserve, into a political tool to cover up the consequences of his expensive rush-to-green agenda," she said.
The Biden administration stressed that it sold the oil to counter the rise in gasoline prices to $5.00 a gallon, which helped cause the highest US inflation levels in decades.
In 2022, oil prices rose after Russia's invasion of Ukraine.
This week, Granholm told reporters that Biden "will not allow the American people to suffer because of the backwards agenda that House Republicans are advancing."
Get a daily dose of Orlando Echo news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Orlando Echo.
More InformationMOSCOW, Russia: A new campaign has begun across Russia to attract badly needed recruits to replenish its troop numbers for ...
WASHINGTON D.C.: US House of Representatives Speaker Kevin McCarthy has said that lawmakers will move forward on legislation aimed at ...
CROWNPOINT, New Mexico: Navajo Technical University, located on the largest Native American reservation in the US, has become the first ...
WEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...
OTTAWA, Canada: US President Joe Biden and Canadian Prime Minister Justin Trudeau have announced a plan to close a loophole ...
UVLADE, Texas: Texas police stopped a Florida-bound freight train this week and discovered two migrants had died in a freight ...
UVLADE, Texas: Texas police stopped a Florida-bound freight train this week and discovered two migrants had died in a freight ...
ROLLING FORK, Mississippi: A powerful tornado has struck Mississippi, killing at least 25 people, injuring dozens, flattening entire blocks and ...
BENTON, Arkansas: Reuters reported that due to a reduction or elimination in evening and weekend shifts, Walmart will lay off ...
Having already locked up their best record in a decade and closing in on clinching a playoff berth, the New ...
Brandon Montour scored his 14th goal of the season at 1:41 of overtime and the visiting Florida Panthers came back ...
Top-seeded Carlos Alcaraz received an unscheduled day off on Wednesday when his quarterfinal match against ninth-seeded Taylor Fritz at the ...