Bill > HR432

This bill, titled the "Buy Low and Sell High Act," aims to lower consumer fuel prices through a series of provisions related to the Strategic Petroleum Reserve (SPR) and Strategic Refined Petroleum Product Reserves. The key provisions include establishing an Economic Petroleum Reserve within the SPR, creating a network of Strategic Refined Petroleum Product Reserves, strengthening the Northeast Home Heating Oil Reserve, and allowing for the leasing of underutilized SPR facilities to the private sector. The bill also includes measures to promote transportation electrification, require federal fleets to increase their use of alternative fuel vehicles, and provide assistance to oil refineries in the Western Hemisphere. Overall, the bill seeks to enhance the government's ability to manage and utilize petroleum reserves to stabilize fuel prices and supply.

Agriculture and Natural Resources, Business and Industry

https://www.congress.gov/bill/118th-congress/house-bill/432/all-info