Pallone Introduces the Buy Low and Sell High Act, Legislation to Bolster Energy Independence and Keep Gas Prices Falling
January 21, 2023
January 21, 2023
WASHINGTON, Jan. 21 -- Rep. Frank Pallone Jr., D-New Jersey, issued the following news release on Jan. 20, 2023:
Congressman Frank Pallone, Jr. (NJ-06) reintroduced the Buy Low and Sell High Act for the 118th Congress today. The legislation creates an Economic Petroleum Reserve designed to continue the trend of falling gasoline prices and make money for American taxpayers by empowering the Department of Energy (DOE) to buy oil when prices are low and sell oil when prices are high. T . . .
Congressman Frank Pallone, Jr. (NJ-06) reintroduced the Buy Low and Sell High Act for the 118th Congress today. The legislation creates an Economic Petroleum Reserve designed to continue the trend of falling gasoline prices and make money for American taxpayers by empowering the Department of Energy (DOE) to buy oil when prices are low and sell oil when prices are high. T . . .