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S.Res. 364 · 108th Congress

A resolution expressing the sense of the Senate concerning oil markets.

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

Expresses the sense of the Senate that the President should: (1) directly confront OPEC and challenge it to increase oil production immediately; (2) direct the Federal Trade Commission and Attorney General to exercise vigorous oversight over the oil markets to protect the American people from price gouging and unfair practices at the gasoline pump; and (3)…

What it does: CRS summary · Introduced in Senate · May 18, 2004

Expresses the sense of the Senate that the President should: (1) directly confront OPEC and challenge it to increase oil production immediately; (2) direct the Federal Trade Commission and Attorney General to exercise vigorous oversight over the oil markets to protect the American people from price gouging and unfair practices at the gasoline pump; and (3) suspend deliveries of oil to the SPR and release 1,000,000 barrels of oil per day from the SPR for 30 days following the date of adoption of this resolution, and if necessary, for an additional 30 days beyond that.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: A resolution expressing the sense of the Senate concerning oil markets.

Latest action (May 18, 2004): Referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5612)

Policy area: Energy · Origin: Senate · Introduced: May 18, 2004

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.