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.
Editor's note · Context
The speaker is discussing an amendment affecting the Strategic Petroleum Reserve funding.
Share
More from Sidney Yates
it is not my request. It was my understanding that the request was, would I agree to it? If the gentleman wants to continue at another stage of the bill, it is all right with me, but to place this in my pocket is the wrong approach. I…
I want to commend Chairman Regula for the job he has done on this bill. It was a very difficult bill. In all the years I have been dealing with Interior bills in this Congress, I have never participated in one that had as many…
the gentleman is exactly wrong about the Tongass because the Tongass provision still contains a waiver of ANILCO and NEPO as far as environmental safeguards are concerned. All it has is the safeguards provided in a contract, which were not…
I certainly agree with the statement made by the distinguished gentleman from Illinois. My district also will suffer from the lack of Section 8 housing. As the gentleman said so eloquently, there is no shortage in the need for Section 8…





