IV
106TH CONGRESS
2D SESSION
H. CON. RES. 284
Expressing the sense of the Congress that members of the Organization
of Petroleum Exporting Countries should immediately increase crude
oil production in order to increase crude oil supplies and achieve stable
crude oil prices.
IN THE HOUSE OF REPRESENTATIVES
MARCH 15, 2000
Mr. BACHUS (for himself, Mr. REYNOLDS, Mr. ROHRABACHER, Mr. PORTMAN,
Mr. BARCIA, Mr. BUYER, Mr. ADERHOLT, Mr. BOUCHER, Mr. CRAMER,
Ms. RIVERS, Mr. MCINTYRE, and Mr. DEAL of Georgia) submitted the
following concurrent resolution; which was referred to the Committee on
International Relations, and in addition to the Committee on Commerce,
for a period to be subsequently determined by the Speaker, in each case
for consideration of such provisions as fall within the jurisdiction of the
committee concerned
CONCURRENT RESOLUTION
Expressing the sense of the Congress that members of the
Organization of Petroleum Exporting Countries should
immediately increase crude oil production in order to
increase crude oil supplies and achieve stable crude oil
prices.
Whereas beginning in March 1998, the Organization of Pe-
troleum Exporting Countries instituted three tiers of
crude oil production cuts that reduced production by
4,300,000 barrels per day and have resulted in dramatic
increases in crude oil prices;
•HCON 284 IH
Whereas these price increases are having an increasingly dra-
matic and negative effect on most Americans, especially
low-income individuals, the elderly, families, farmers,
truckers, manufacturers, and retailers;
Whereas the United States imports approximately 55 percent
of its crude oil; and
Whereas ensuring access to and stable prices for imported
crude oil is a critical objective of United States foreign
and economic policy: Now, therefore, be it
Resolved by the House of Representatives (the Senate
concurring), That it is the sense of the Congress that—
(1) members of the Organization of Petroleum
Exporting Countries should immediately increase
crude oil production in order to increase crude oil
supplies and achieve stable crude oil prices;
(2) stable crude oil prices and supplies are es-
sential for strong economic growth throughout the
world;
(3) in a market that is in demand of additional
crude oil, nations that act to restrict the supply of
crude oil do serious damage to their relations with
the United States;
(4) continued diplomatic efforts by the United
States are necessary to convince all major crude oil
exporting countries that current price levels are
unsustainable and will cause widespread economic
harm;
•HCON 284 IH
(5) the United States seeks friendly relations
with crude oil exporting countries around the world,
but when considering possible non-humanitarian as-
sistance or trade benefits, will note actions by these
countries to restrict or expand the production of
crude oil;
(6) the President should review administrative
policies that may put an undue burden on domestic
crude oil producers, and should consider rescinding
unnecessary regulations that interfere with the abil-
ity of the United States energy industry to meet a
greater percentage of the energy needs of the United
States; and
(7) the Congress and the President should work
together to develop policies that will reduce the de-
pendence of the United States on foreign energy
sources, including appropriating sufficient funds for
the development of alternative energy sources.
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