Summary: H.Con.Res.267 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for H.Con.Res.267. Bill summaries are authored by CRS.

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Introduced in House (03/08/2000)

Expresses the sense of Congress that: (1) the President and the Secretary of Energy should draw down the Strategic Petroleum Reserve (SPR) to combat unfair foreign trade practices of the Organization of Petroleum Exporting Countries (OPEC) and alleviate the deleterious consequences to people and business in the United States that those practices have caused; and (2) the President and the Secretary should prepare for future threats to the U.S. economy and energy supply by developing methods to draw down the SPR quickly when needed, and increase the quantity of SPR crude oil over time in an economically reasonable manner.