A resolution expressing the sense of the Senate concerning oil markets.
Referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5612)
Congressional Research Service
Official summary
Version 00 · 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.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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