[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 1184 Introduced in House (IH)]
<DOC>
117th CONGRESS
2d Session
H. RES. 1184
Urging the use of the Defense Production Act of 1950 to expand short-
term refinery capacity.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 16, 2022
Mr. Krishnamoorthi (for himself, Ms. Spanberger, and Ms. Davids of
Kansas) submitted the following resolution; which was referred to the
Committee on Energy and Commerce, and in addition to the Committee on
Financial Services, for a period to be subsequently determined by the
Speaker, in each case for consideration of such provisions as fall
within the jurisdiction of the committee concerned
_______________________________________________________________________
RESOLUTION
Urging the use of the Defense Production Act of 1950 to expand short-
term refinery capacity.
Whereas rising gasoline, diesel, and jet fuel prices are exacerbating inflation
and reducing the purchasing power of American consumers, especially low-
income households;
Whereas historic fuel prices are due in large part to high oil prices, but a
global shortage of oil refining capacity has further driven up the cost
of refined petroleum products, causing fuel prices to outpace oil
prices;
Whereas global oil refining capacity is now over 3,000,000 barrels per day below
prepandemic levels, and domestic refining capacity in the United States
is currently around 1,000,000 barrels per day below prepandemic
capacity;
Whereas much like crude oil production, which declined precipitously during the
pandemic as demand for oil plummeted, demand for oil refineries also
plummeted, and many companies decided to shut down their refineries
rather than continue running at a loss;
Whereas, in 2020, the Shell refinery in Convent, Louisiana, capable of refining
211,146 barrels of crude oil per day, and the Marathon refinery in
Martinez, California, capable of refining 161,000 barrels per day, were
powered down due to low demand;
Whereas the Philadelphia Energy Solutions refinery, which had been offline
following an accident, was permanently shuttered, and the Phillips 66
refinery in Belle Chasse, Louisiana, which had suffered water damage
during Hurricane Ida, was similarly closed permanently;
Whereas oil production is recovering to prepandemic levels, but without enough
oil refining capacity, the refineries will act as a bottleneck, limiting
the supply of gasoline and keeping fuel prices elevated;
Whereas the ``crack spread'', the profit margin between crude oil and refined
fuels, has reached a near record high, but companies are not investing
in new refining capacity in the United States;
Whereas despite high profit margins and a shortage of refining capacity, several
refineries that were idled during the pandemic are now being permanently
decommissioned, contributing to record high gas prices and even higher
diesel prices;
Whereas while combating climate change will require a rapid reduction in the use
of fossil fuels, the United States is not yet in a position to
completely replace combustion engines with electric vehicles; and
Whereas a long-term expansion of oil production beyond prepandemic levels could
put us on a path to climate catastrophe, but restarting idled American
oil refineries for a limited time could reduce gas prices and cool
inflationary pressures without endangering our climate goals: Now,
therefore, be it
Resolved, That it is the sense of the House of Representatives
that--
(1) any effort to increase the supply of oil and gas to
address urgent inflationary challenges must not be implemented
at the expense of the climate goals of the United States;
(2) Congress should support policies to appropriately
increase refinery capacity as much as is necessary to meet
current fuel demands over the short-term, while continuing to
invest in policies that reduce reliance on fossil fuels over
the longer term; and
(3) in order to ensure sufficient refining capacity to
reduce fuel prices and prevent fuel shortages in the near term,
the President should use authorities granted him by the Defense
Production Act of 1950 to provide targeted technical and
financial assistance to restart certain idled refineries for a
limited time.
<all>