New Cruz bill would endssales of SPR oil to China, CCP-owned companies

Source: Fox News

“Sen. Ted Cruz, R-Texas., introduced a bill Wednesday that would stop the Biden administration from selling oil from the U.S. Strategic Petroleum Reserve (SPR) to China and Chinese Communist Party (CCP)-owned companies. Cruz’s bill, the Protecting America’s Strategic Petroleum Reserve from China Act, was cosponsored by over a dozen Senate Republicans and closely mirrors the bill passed by the House this month. The House bill passed in an overwhelming bipartisan vote of 331-97, with 113 House Democrats voting in favor. The easy House vote means the bill has a chance in the Senate if Democratic leaders agree to take it up.” (01/25/23)