Congressmen seek heating oil price relief

Home heating oil prices in the northeastern US remain a concern for Congress and the Clinton administration.Last week, members of Congress continued to urge the Department of Energy to release crude oil from the Strategic Petroleum Reserve (SPR). They are pushing legislation to create a home heating oil reserve in the Northeast. And they have asked the Department of Justice to determine if antitrust violations contributed to the heating oil price jumps last month.Energy Sec. Bill Richardson reiterated that the administration would not release SPR oil to mitigate price fluctuations. But he announced several actions to ease distillate supply problems.Oill ReserveRep. Bernard Sanders (I-Vt.)...

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