US Oil Reserve to Get Some Funding in GOP Tax and Spend Bill

House Republicans will include money to “begin” refilling the nation’s depleted strategic oil reserves as part of their massive bill to extend President Donald Trump’s tax cuts, a key committee chairman said in an op-ed published Sunday.

• Op-ed by House Energy and Commerce Committee chairman Brett Guthrie says the committee’s portion of the bill will be made public later Sunday
• In addition to funds for Strategic Petroleum Reserve, the legislation will claw back funding “headed for green boondoggles” from EPA and Energy Department and “reverse the most reckless parts of the engorged climate spending in the misnamed Inflation Reduction Act, ...