Reps. Bice, Budd Introduce Strategically Lowering Gas Prices Act
Washington, D.C. (Dec. 16, 2021) – Today, Reps. Stephanie Bice (R-OK) and Ted Budd (R-NC) introduced the Strategically Lowering Gas Prices Act.
The bill would prohibit President Biden from releasing oil from the Strategic Petroleum Reserve (SPR) until the executive orders blocking energy development on federal land are revoked.
Read the full text of the bill here.
Other original co-sponsors include: Reps. Scott Perry, Buddy Carter, Ashley Hinson, Louie Gohmert, Greg Steube, Tom Cole, and Bob Gibbs.
Rep. Bice said in a statement:
“President Biden’s actions continue to degrade our nation’s oil and gas industry and the high-paying jobs that it provides. Instead of turning to American companies to increase output, Biden used his executive power to release 50 million barrels of oil from our country’s Strategic Petroleum Reserve to help lower gas prices. That’s why the Strategically Lowering Gas Prices Act is important. This legislation would disallow the president from ordering a sell off from the SPR while executive orders or mandates are in effect blocking oil and gas leasing on federal lands. The SPR was created specifically to draw upon in times of emergency or significant shortage, not to help a president whose strategies have failed to save face with the American people.”
Read more »by Muskogee Politico - December 17, 2021 at 06:05PM
Bice files bill to block Biden's oil release until energy leases on federal land are renewed
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