Energy & Science
Funding to Refill Oil Reserve Cut From Stimulus But Could Return
- Democrats objected spending for oil without clean energy aid
- Plan could re-emerge in later legislation or budget shifts
Photographer: Brittany Sowacke/Bloomberg
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Funding for President Donald Trump’s plan to fill up the nation’s emergency oil reserve to help struggling drillers cope with the price crash failed to make it into the latest stimulus legislation but could return in other forms.
Lawmakers eager to get the stimulus package to the president essentially opted to defer a fight over whether to pair the oil purchase with funding for clean energy. But the issue could arise as Congress takes up additional coronavirus-related legislation in coming weeks.