“America’s strategic petroleum reserve is crucial to protecting our national security and responding to energy emergencies. Unfortunately, it has been depleted after years of misuse under Joe Biden. My bill will replenish this crucial energy stockpile and shield Arkansans from paying high prices at the pump for years to come,” said Senator Cotton.

Text of the bill can be found here.

The Strategic Petroleum Accumulation and Reserve Tax Alignment Act would:

• Take revenue from clean electricity tax credits and put it towards Strategic Petroleum Reserve (SPR).