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United States · Resolution · SRES

S.Res. 348 (101st)

A resolution to establish the sense of Congress regarding petroleum prices and to request that the President develop a plan to prevent the prices of petroleum and petroleum products from rising beyond levels reflecting actual supply and demand and for other purposes.

openUnited States· United States Congress· EN

Introduced

27 October 1990

Last action

27 October 1990 · Introduced

Status

Placed on Senate Legislative Calendar under Over, Under the Rule.

Sponsors

Sen. Sanford, Terry [D-NC]

Subjects

Energy

Source updated

1 July 2021

Energy

Summary

Expresses the sense of the Congress that the President should develop a petroleum product price plan which includes: (1) steps to prevent prices from rising beyond actual supply and demand levels; (2) ceiling prices based upon acquisition and production costs as well as reasonable profit margins; (3) measures to discourage speculative spot market price variations; (4) civil remedies and penalties for exceeding the established ceiling prices; and (5) use of the sums collected through civil remedies to reduce the Federal deficit. Expresses the sense of the Congress that the Senate should enact legislation to implement such a plan if the President has not developed one by a specified deadline.

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

Timeline

  1. 27 October 1990

    Calendars

    Placed on Senate Legislative Calendar under Over, Under the Rule.

    Source: Calendars

  2. 27 October 1990

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 27 October 1990

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

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Sources

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