Energy Policy Modernization Act of 2015
Floor Speech
Issues: Oil and Gas
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Mr. CASSIDY. Mr. President, this amendment pertains to the sale from the Strategic Petroleum Reserve. It merely gives the government the authority to time that sale. We can buy oil high or buy oil low, but we should sell it higher.
All this amendment does--a commonsense, bipartisan amendment--is to say that whenever the oil is sold from the Strategic Petroleum Reserve, it should be when the best price is fetched, if you will, for the taxpayers of the country. It is common sense. It protects taxpayers. It should be adopted.
Thank you.
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