03/20/2026 | Press release | Distributed by Public on 03/20/2026 18:26
FOR IMMEDIATE RELEASE
Contact: Patrick McCann (202) 224-2353
March 20, 2026
Cotton Introduces Bill to Replenish Strategic Petroleum Reserve
Washington, DC - Senator Tom Cotton (R-Arkansas) today introduced legislation to replenish the strategic petroleum reserve (SPR) after years of misuse and neglect under the Biden administration. The Strategic Petroleum Accumulation and Reserve Tax Alignment Act (SPARTA) Act will use revenue collected from clean electricity tax credits to support the SPR.
"America's strategic petroleum reserve is crucial to protecting our national security and responding to energy emergencies. Unfortunately, it has been depleted after years of misuse under Joe Biden. My bill will replenish this crucial energy stockpile and shield Arkansans from paying high prices at the pump for years to come," said Senator Cotton.
Text of the bill can be found here.
The Strategic Petroleum Accumulation and Reserve Tax Alignment Act would:
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