OFFICIAL LEGAL TITLE
Strategically Lowering Gas Prices Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_S_3655.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2024-01-24.
What are the main provisions?
Key points include:
- Prohibits the release of oil from the national reserve (SPR) if the President restricts new oil and gas leasing on federal lands.
- The reserve can still be used immediately during severe energy emergencies caused by war, terrorism, or natural disasters.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Sen. Budd, Ted [R-NC].
What is the latest detailed status?
The latest detailed status is: Introduced in Senate
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.