Strategic Production Response Act

Floor Speech

BREAK IN TRANSCRIPT

Mr. ARRINGTON. Mr. Chair, Texas is on the front lines of Biden's unilateral assault on American energy, which has totally devastated our economic recovery efforts and undermined our national security.

Rather than acknowledge the consequences of his disastrous energy policies and change course, Biden has simply doubled down by dipping into the Strategic Petroleum Reserve, which is not meant for political disasters but for national emergencies.

Since March of last year, the President sold more than 40 percent of our strategic stockpile, bringing the SPR to the lowest levels in four decades.

Even more irresponsibly, this administration has no plan for when and how they will replenish our oil reserves, putting America in a precarious position of weakness.

This legislation sends a strong message, Mr. Chair, to this administration that they can no longer put their boot on the neck of American energy production and then bail themselves out by raiding our rainy-day fund, our rainy day reserves.

Mr. Chair, I urge my colleagues to vote ``yes.''

BREAK IN TRANSCRIPT

Source