US Senate budget plan calls on DOE to suspend SPR fill

The US Senate late Mar. 11 approved a nonbinding budget blueprint that includes an amendment sponsored by Sens. Carl Levin (D-Mich.) and Susan Collins (R-Me.), which calls on the US Department of Energy to temporarily suspend royalty oil transfers to the Strategic Petroleum Reserve.Lawmakers voted 52-43 on the measure. It directs DOE to cancel delivery into the SPR of 53 million bbl of royalty in-kind crude oil from Outer Continental Shelf leases. Amendment sponsors contend that by selling that oil on the open market, the federal government would get $1.7 billion in additional revenue.The Levin-Collins amendment would earmark a portion of the additional revenue for deficit reduction and p...

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