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.

referredUnited States· United States Congress· EN

Introduced

3 October 1985

Last action

—

Status

Read twice and referred to the Committee on Foreign Relations.

Summary

Expresses the sense of the Congress that the President should: (1) purchase petroleum from Mexico for the strategic petroleum reserve by using the total amount in such reserve that is available for acquisition of petroleum products; and (2) submit to the Congress a plan to make available to Mexico an additional $1,500,000,000 in a loan to be repaid, with interest, with petroleum for the strategic petroleum reserve. Urges such plan to offset the Federal budget by the amount of the outlay of such loan by reducing expenditures.

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Documents

1 official file

Introduced in Senate
summary · EN · 3 October 1985
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/senate-concurrent-resolution/75
Open data entity: https://api.congress.gov/v3/bill/99/sconres/75