Cotton Introduces Bill to Replenish Strategic Petroleum Reserve
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: Take revenue from clean electricity tax credits and put it towards Strategic Petroleum Reserve (SPR). ###
ef0e14ee-e858-4aeb-a609-db0db774320aEdit history (1 prior version)
This release was edited after publication. Earlier captures are preserved below.
- Captured May 2, 2026, 10:01 AM EDT
Show prior body text
FOR IMMEDIATE RELEASEContact:Patrick McCann(202) 224-2353March 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 foundhere. The Strategic Petroleum Accumulation and Reserve Tax Alignment Act would: ###
Issued within 24 hours
Other senators' releases published in the day before or after this one.