{"id":1821324,"date":"2023-01-24T05:36:06","date_gmt":"2023-01-24T10:36:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1821324"},"modified":"2023-01-24T05:37:37","modified_gmt":"2023-01-24T10:37:37","slug":"energy-sec-granholm-biden-will-veto-gop-bill-restricting-strategic-petroleum-reserve-releases","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/energy-sec-granholm-biden-will-veto-gop-bill-restricting-strategic-petroleum-reserve-releases\/","title":{"rendered":"Energy Sec Granholm: Biden Will Veto GOP Bill Restricting Strategic Petroleum Reserve Releases"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fenergy-sec-granholm-biden-will-veto-gop-bill-restricting-strategic-petroleum-reserve-releases%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1821324&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p>President Biden will vote against a House Republican bill to restrict oil imports from the U.S. <a href=\"https:\/\/www.theepochtimes.com\/t-strategic-petroleum-reserve\">Strategic Petroleum Reserve<\/a> (SPR) emergency reserve,\u00a0Energy Secretary Jennifer Granholm said on Jan. 23.<\/p>\n<p>\u201cIf Congress were to pass H.R. 21, the president would veto it. He will not allow the American people to suffer because of the backwards agenda that House Republicans are advancing,\u201d Granholm said this to reporters during a White House meeting <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2023\/01\/23\/press-briefing-by-press-secretary-karine-jean-pierre-and-secretary-of-energy-jennifer-granholm-2\/?category=8&#038;v=accessibility\">press briefing.<\/a><\/p>\n<p>House Republicans, led by\u00a0Rep. Cathy McMorris Rodgers (R-Wash.), introduced the legislation, known as the Strategic Production Response Act or\u00a0HR21, earlier this month.<\/p>\n<p>The <a href=\"https:\/\/www.congress.gov\/bill\/118th-congress\/house-bill\/21?s=1&#038;r=5\">bill<\/a> would require the Biden administration to\u00a0develop a plan to\u00a0boost the percentage of federal lands leased for oil and gas production if it wants to release oil from the SPR.\u00a0This exception is in the case \u201csevere energy supply\u201d interruptions.<\/p>\n<p>Following Russia\u2019s invasion of Ukraine in February 2022, the Biden administration, which has consistently blamed soaring energy prices on \u201cPutin\u2019s price hike\u201d while not backing policies to support greater domestic oil production, announced\u00a0a 30-million-barrel release and another 180-million-barrel release in March 2022.<\/p>\n<p>SPR levels have fallen to just over 400 million barrels under Biden,\u00a0down about <a href=\"https:\/\/finance.yahoo.com\/news\/dipping-oil-reserves-america-strongest-095400443.html\">40 percent<\/a> The reserve levels are the same as before, but they have been lower than ever since 1984.<\/p>\n<figure id=\"attachment_4612461\" class=\"wp-caption alignnone\"><a href=\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2022\/07\/21\/GettyImages-1238858184-1200x800.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"lazy size-medium wp-image-4612461\" src=\"https:\/\/www.theepochtimes.com\/assets\/themes\/eet\/images\/white.png\" data-src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/GettyImages-1238858184-600x400-1.jpg\" alt=\"Epoch Times Photo\" width=\"600\" height=\"400\"   style=\"display:none\"><figcaption class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4612461\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/GettyImages-1238858184-600x400-1.jpg\" alt=\"Epoch Times Photo\" width=\"600\" height=\"400\" \/><\/noscript><\/figcaption><\/a> Cathy McMorris Rodgers (Republican from Washington) speaks during a Washington town hall event on March 1, 2022 hosted by House Republicans. (Samuel Corum\/Getty Images)<\/figure>\n<h2>Bill Would Impeach \u2018Unnecessary, Unhelpful Restrictions\u2019<\/h2>\n<p>Republicans have long criticised Biden&#8217;s decision to release SPR reserves in a time when energy prices are rising and supplies are decreasing. They hope\u00a0H.R. 21 will encourage domestic drilling and improve energy security.<\/p>\n<p>However,\u00a0Granholm said during Monday\u2019s press briefing that the bill\u00a0risks raising gas prices further and would \u201cimpose unnecessary, unhelpful restrictions on when the SPR can be used to help provide supply.\u201d<\/p>\n<p>\u201cIt would require these arbitrary reports regarding energy production on federal lands before waiving any new restrictions. It would not offer any tangible benefits to the American people,\u201d Granholm said.<\/p>\n<p>\u201cInstead, it would interfere with our ability to be responsive to release oil during an international emergency, helping Putin\u2019s war aims. It would potentially delay allowing oil to be released for domestic emergencies following a natural disaster or a pipeline outage at home, leaving, again, prices at risk of rising in the wake of a market shock because of emergencies due to extreme weather events,\u201d\u00a0Granholm added.<\/p>\n<p>Granholm also referenced a letter she wrote last week to the\u00a0House energy panel warning that the bill would\u00a0undermine national security, cause crude shortages, and lead to higher prices at the pump.<\/p>\n<p>\u201cThis bill would significantly weaken this critical energy security tool, resulting in more oil supply shortages in times of crisis and higher gasoline prices for Americans,\u201d she\u00a0wrote.<\/p>\n<figure id=\"attachment_4825583\" class=\"wp-caption alignnone\"><a href=\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2022\/10\/27\/GettyImages-1434807928-1200x899.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"lazy size-medium wp-image-4825583\" src=\"https:\/\/www.theepochtimes.com\/assets\/themes\/eet\/images\/white.png\" data-src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/12\/GettyImages-1434807928-600x449-1.jpg\" alt=\"Strategic Petroleum Reserves Release Ordered By President Biden To Curb Rises Gas Prices\" width=\"600\" height=\"449\" \/><figcaption class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4825583\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/12\/GettyImages-1434807928-600x449-1.jpg\" alt=\"Strategic Petroleum Reserves Release Ordered By President Biden To Curb Rises Gas Prices\" width=\"600\" height=\"449\" \/><\/noscript><\/figcaption><\/a> Aerial view of the Bryan Mound Strategic Petroleum Reserve Storage can be seen in Freeport (Texas) on Oct. 19, 2022. (Brandon Bell\/Getty Images)<\/figure>\n<h2>White House Cites \u2018Lower\u2019 Gas prices<\/h2>\n<p>Rodgers (chair of the House Energy and Commerce Committee) responded to that email by noting the clearly defined exceptions for emergencies in the legislation.<\/p>\n<p>\u201cIf the President declares an emergency resulting from an energy supply disruption, the Secretary has full authority to utilize the SPR\u2014HR 21 will not change or hamper that,\u201d Rodgers made the following statement in writing: The Hill <a href=\"https:\/\/thehill.com\/policy\/energy-environment\/3827215-biden-administration-threatens-veto-of-gop-bill-restricting-strategic-oil-reserve-releases\/\">reports<\/a>The bill will be completed by adding? \u201csimply addresses the politically-motivated use of the SPR.\u201d<\/p>\n<p>Separate <a href=\"https:\/\/www.whitehouse.gov\/wp-content\/uploads\/2023\/01\/HR-21-SAP.pdf\">statement<\/a> The White House stated Monday that it has used the SPR. \u201cessential to protecting our energy security and to lowering gas prices for Americans.\u201d<\/p>\n<p>The statement cited today\u2019s gasoline prices, which the administration said are \u201c$1.60 per gallon lower than their peak this summer and below their pre-invasion levels,\u201d in reference to Russia\u2019s invasion of Ukraine.<\/p>\n<p>While gas prices have fallen from their peak of over $5 per gallon in June last year, they are still up by more than 35 percent compared to\u00a0late January 2021, when Americans were paying\u00a0$2.478 per gallon.<\/p>\n<p>Today\u2019s national average is<a href=\"https:\/\/gasprices.aaa.com\/\">\u00a0$3.423<\/a> AAA: Per gallon<\/p>\n<p>A vote on\u00a0H.R. H.R. 21 will be up for a vote as early as next week. It remains to be seen if the bill will pass Congress, as the Senate is controlled largely by Democrats.<\/p>\n<p><em>This report was compiled by Reuters<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Biden will vote against a House Republican bill to restrict oil imports from the U.S. Strategic Petroleum Reserve (SPR) emergency reserve,\u00a0Energy Secretary Jennifer Granholm said on Jan. 23. \u201cIf Congress were to pass H.R. 21, the president would veto it. He will not allow the American people to suffer because of the backwards agenda &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1710878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[3620,4486,6203,16195,9765,6171,6365,16194,8035,14351],"class_list":["post-1821324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-biden","tag-energy","tag-gop","tag-granholm","tag-petroleum","tag-releases","tag-reserve","tag-restricting","tag-strategic","tag-veto"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1821324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1821324"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1821324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1710878"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1821324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1821324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1821324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}