| HR 1189 - Strategic Petroleum Reserve; urge drawing down by President of U.S. |
First Reader Summary
A RESOLUTION requesting the President of the United States to
draw down the Strategic Petroleum Reserve; and for other
purposes.
| House |
Action |
Senate |
| 3/1/00 |
Read 1st Time |
|
| 3/3/00 |
Read 2nd Time |
|
| 3/7/00 |
Favorably Reported |
|
| 3/8/00 |
Read 3rd Time |
|
| 3/8/00 |
Passed/Adopted |
|
HR 1189 LC 14 7487ER
A RESOLUTION
1- 1 Requesting the President of the United States to draw down
1- 2 the Strategic Petroleum Reserve; and for other purposes.
1- 3 WHEREAS, the cost of motor fuel is rising to all-time high
1- 4 levels; and
1- 5 WHEREAS, this exorbitant rise constitutes a serious threat
1- 6 to the continued viability of many small businesses; and
1- 7 WHEREAS, the United States has been stockpiling crude oil in
1- 8 the Strategic Petroleum Reserve to protect the economy from
1- 9 petroleum shortages; and
1-10 WHEREAS, the current high prices are driven by a shortage of
1-11 crude oil under the present OPEC production restrictions.
1-12 NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF
1-13 REPRESENTATIVES that this body requests the President of the
1-14 United States to draw down on the Strategic Petroleum
1-15 Reserve.
1-16 BE IT FURTHER RESOLVED that the Clerk of the House of
1-17 Representatives is authorized and directed to transmit an
1-18 appropriate copy of this resolution to the President of the
1-19 United States and each member of the Georgia congressional
1-20 delegation.
-1-
Clerk of the House
Robert E. Rivers, Jr., Clerk
Last Updated on 03/09/00