This amendment would rescind all unobligated balances, approximately $323 million, from the Strategic Petroleum Reserve account. This would end all oil acquisition. It would take away the money necessary to withdraw oil in the event of an emergency.
Sidney Yates: “This amendment would rescind all unobligated balances, approximately $323 million, from the Strategic Petroleum Reserve…”
Editor's note · Context
The speaker is discussing an amendment affecting the Strategic Petroleum Reserve funding.
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