U.S. Congress To Vote On Ending SPR Oil Sales To China

U.S. Congress To Vote On Ending SPR Oil Sales To China

OilPrice.com

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The U.S. House of Representatives is set to vote this week on ending sales of the U.S. Strategic Petroleum Reserves to China, House Majority Leader Steve Scalise said in a Tweet.  The vote on the measure will take place Tuesday or Wednesday, Scalise said. Senators James Lankford and Ted Cruz introduced a No Emergency Crude Oil for Foreign Adversaries Act over the summer—the bill would have banned the export of crude oil from the nation’s reserve stockpile to countries such as China. “At a time of skyrocketing inflation and…

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