Buy Low and Sell High Act

Summary

Official

Buy Low and Sell High Act This bill revises requirements concerning the Strategic Petroleum Reserve (SPR) and sets forth provisions to reduce the demand for petroleum fuel and increase fuel supply. For example, the bill directs the Department of Energy (DOE) to establish within the SPR an Economic Petroleum Reserve of up to 350 million barrels of crude oil. DOE...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/20/23)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Pallone

House (D) New Jersey – 6

Cosponsors (3)

Craig

House (D) Minnesota

Crow

House (D) Colorado

Pingree

House (D) Maine

Latest Action

Referred to the Subcommittee on Energy, Climate and Grid Security.

Jan 27, 2023