Republicans Push $1.3 Billion Bill To Refill The Strategic Petroleum Reserve | ZeroHedge
Authored by Charles Kennedy via OilPrice.com,
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The proposed bill allocates $1.321 billion to refill the SPR and $218 million for maintenance and repairs.
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It aims to repeal the SPR drawdown mandate and redirect funds away from climate initiatives.
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The legislation responds to Trump’s promise to refill the reserve and criticizes Biden’s SPR releases.
U.S. House Republicans have introduced the Budget Reconciliation Bill, which will include funding to begin refilling (more…)