WASHINGTON, D.C.—House Energy Action Team co-chairs Rep. Jeff Duncan (R-S.C.) and Rep. Markwayne Mullin (R-Okla.) joined House Republican Whip Steve Scalise (R-La.) to applaud President Trump’s action to purchase oil for the Strategic Petroleum Reserve (SPR).
“The HEAT team convened a meeting earlier this week to discuss the actions of Russia and Saudi Arabia and their efforts to manipulate global oil markets. We expressed strong concern about the planned sale of oil from the Strategic Petroleum Reserve (SPR), and once the Administration agreed to cancel that sale, we immediately began calling for oil to be purchased to fill the SPR. Not only is it important to purchase this oil while prices are so low, but we also recognize the strategic importance of the SPR from a national security perspective. We applaud President Trump for announcing today that his Administration will take this important action that will strengthen our economy and our energy security.”