A concurrent resolution to request the President to provide economic assistance to Mexico while enhancing the national security and energy preparedness of the United States by further filling the Strategic Petroleum Reserve with petroleum obtained from Mexico.

Summary

Expresses the sense of the Congress that the President should: (1) purchase petroleum from Mexico for the Strategic Petroleum Reserve (SPR) by using the total amount in the SPR Petroleum Account that is available for petroleum products acquisition; and (2) submit a plan to the Congress for a $1,500,000,000 loan to Mexico to be repaid, with interest, with petroleum for the SPR. Urges such a plan to offset in the Federal budget the amount of the loan outlay by reducing certain Department of Defense expenditures.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 1 October 1985

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.