Government Oil Acquisition Financial Accountability and Consumer Relief Act of 2008
A bill to increase the supply and lower the cost of petroleum by temporarily suspending the acquisition of petroleum for the Strategic Petroleum Reserve and to amend the Energy Policy and Conservation Act to include additional acquisition requirements for the Reserve.
Other Bill Titles (2 more)Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by Senate | ![]() | Voted on by House | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 28, 2008 |
In the News
May 07, 2008 US should suspend purchases for the SPR
S. 2927 would also ensure future government oil purchases are fiscally responsible. These common sense proposals follow recommendations by the Government ...
May 04, 2008 Halt strategic oil buys
S. 2927, would also ensure future government oil purchases are fiscally responsible. These common sense proposals follow recommendations by the Government ...
April 29, 2008 Bond: To cut gas prices, suspend deliveries to fed oil reserve
Bond joined Senator John Barrasso (R-Wyo) in introducing S. 2927, which halts oil deposits to the SPR when the average price of gasoline is over $2.50 per ...
Blog Coverage
May 10, 2008 Halt strategic oil buys
S. 2927, would also ensure that future government oil purchases are fiscally responsible. The SPR already contains 700 million barrels of oil in the salt caverns of Louisiana and Texas. Under current policy, the federal government ...
May 09, 2008 Links: McCainâs Gaffe, Oil Strategy and God is Green?
Barrassoâs bill, S. 2927, instructs the federal government to stop putting oil into the Strategic Petroleum Reserve when the average price of gasoline is over $2.50 per gallon, and the price of diesel fuel exceeds $2.75 per gallon. ...
Source: Zeal For Truth
May 07, 2008 S.2927 Government Oil Acquisition Financial Accountability and ...
A bill to increase the supply and lower the cost of petroleum by temporarily suspending the acquisition of petroleum for the Strategic Petroleum Reserve and to amend the Energy Policy and Conservation Act to include additional ...








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