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 Myanmar Sun 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 Myanmar Sun.
More InformationPHNOM PENH, Cambodia: Two Cambodian opposition figures--- Yim Sinorn and Hun Kosal--- have been charged under the country's rarely used ...
Tokyo [Japan], March 26 (ANI): Japanese Prime Minister Fumio Kishida turned down a meeting with former Chinese Ambassador to Japan ...
Washington [US], March 26 (ANI): A day after China said it drove a US Navy destroyer away from Beijing-claimed waters ...
Balochistan [Pakistan], March 26 (ANI): Balochistan Chief Secretary Abdul Aziz Uqaili in a recent press conference had claimed that the ...
ISLAMABAD - Pakistan's embattled former Prime Minister Imran Khan addressed tens of thousands of his supporters in the eastern city ...
Bangkok [Thailand], March 26 (ANI): Thai Prime Minister Prayuth Chan-ocha has accepted his party's nomination and will stand for re-election ...
PHNOM PENH, Cambodia: Two Cambodian opposition figures--- Yim Sinorn and Hun Kosal--- have been charged under the country's rarely used ...
WASHINGTON D.C.: The US Supreme Court has ruled that a deaf student in Michigan can sue his public school district, ...
MANILA, Philippines: Under a defense agreement with the U.S., four new military bases will be located in various parts of ...
WASHINGTON D.C.: The US Centers for Disease Control and Prevention (CDC) has reported that infections by the potentially deadly fungus ...
WASHINGTON D.C.: The US Supreme Court will hear a trademark dispute over a dog toy shaped like a Jack Daniel's ...
KABUL, Afghanistan: Afghanistan's education ministry has announced that the country's school year has begun, but the United Nations children's agency, ...