On the recordJanuary 26, 2023
This amendment ensures that this bill, H.R. 21, will not go into effect until the Department of Energy can certify that gas prices won't increase as it develops a plan to expand oil and gas drilling on Federal lands by the same percentage that it releases oil from the SPR. Essentially, if we are going to get more or equal savings from using the Strategic Petroleum Reserve then we would not be expanding drilling on public lands and sell off more lands needlessly. In addition, I know I spoke before about some of the issues we had with the underlying legislation, but I did want to bring a few more facts to bear. When President Trump and the Republicans financed the GOP tax scam for the rich with similar strategic oil reserves, some of that gas was bought by China, by the way. You don't hear about that much, but under President Trump and under President Biden, we saw China buy some of this gas because it was sold to the overall market. Now, we came together, Mr. Chairman, in a bipartisan fashion to limit that. You don't hear a lot in the debate today that Trump sold gas to China or that Trump sold oil to China as so much is talked about President Biden. Fact number two is President Trump had used the strategic reserve when the Saudis and their refineries were attacked. Again, disruption, just like we see with us banning Russian oil in a bipartisan fashion and just like we see with the oil reserve.…





