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House votes to ban sales from Strategic Petroleum Reserve to China

 

The House on Thursday passed a bill to ban sales from the nation’s Strategic Petroleum Reserve to China.

The legislation passed with bipartisan support in a 331-97 vote, with 113 Democrats joining Republicans in backing the measure.

Entitled the “Protecting America’s Strategic Petroleum Reserve from China Act,” the bill would prohibit the sale and export of crude oil from the reserve to any entity under control of the China Communist Party.

Republican Rep. Cathy McMorris Rodgers, the chair of the Energy and Commerce Committee, said the Strategic Petroleum Reserve is “meant for true energy supply disruptions, like those caused by hurricanes and natural disasters, not to help China.”

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Published on 1/20/2023 (11 days ago) Oil/Gas