Republicans Target Oil Reserve Releases With Initial Energy Bills

Bracewell Policy Resolution Group Senior Principal Frank Maisano told The Hill that he expects Republicans to kick off their term by targeting the nation’s Strategic Petroleum Reserve (SPR).

“I fully expect Republicans to be aggressive in challenging the political nature of the administration’s actions and try and set a standard for future use of the SPR,” Maisano said.

The SPR is the nation’s emergency crude oil supply. Last year, the Biden administration executed the largest-ever sell off of oil from the reserve in an effort to tamp down fuel prices that skyrocketed after Russia’s invasion of Ukraine. The administration defended its use of the SPR, saying it was used correctly to address supply issues.

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