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Restarting Refineries: Lower Fuel Prices and Inflation Fight

This bill urges the President to use special powers to temporarily restart closed oil refineries. The goal is to increase fuel availability, which could help lower gasoline and diesel prices, and reduce overall inflation affecting household budgets.
Key points
Potential for lower fuel prices: Increased fuel production could lead to reduced costs at the pump.
Combating inflation: Lower fuel prices may help slow down the rise in prices of other goods and services.
Temporary measure: Restarting refineries is intended as a short-term action, without abandoning long-term climate goals.
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Additional Information
Print number: 117_HRES_1184
Sponsor: Rep. Krishnamoorthi, Raja [D-IL-8]
Process start date: 2022-06-16