H.R.8989: Buy Low and Sell High Act

About This Bill

Bill Version

Bill Summary

Buy Low and Sell High Act This bill revises requirements concerning the Strategic Petroleum Reserve (SPR), establishes an Economic Petroleum Reserve, creates a national network of Strategic Refined Petroleum Product Reserves, increases the size of the Northeast Home Heating Oil Reserve, limits the sale and exportation of petroleum products, and sets forth provisions to reduce the demand for petroleum fuel and increase fuel supply....

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 27, 2022
Referred to the Subcommittee on Energy.
Sept. 26, 2022
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Oversight and Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sept. 26, 2022

Introduced in the House by Frank Pallone (D-N.J.)

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