A resolution expressing the sense of the Senate that the President should communicate to the members of the Organization of Petroleum Exporting Countries ("OPEC") cartel and non-OPEC countries that participate in the cartel of crude oil producing countries, before the meeting of the OPEC nations in March 2000, the position of the United States in favor of increasing world crude oil supplies so as to achieve stable crude oil prices.

Expresses the sense of the Senate that: (1) the President and Congress should take both a short-term and a long-term approach to reducing and stabilizing crude oil prices as well as reducing dependence on foreign sources of energy; (2) the President should communicate to the members of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries that participate in the cartel of crude oil producing countries, prior to their scheduled March 27, 2000 meeting, that the United States seeks an immediate increase in the OPEC crude oil production quotas; (3) the President should be commended for sending Secretary of Energy Richardson to personally communicate with leaders of several OPEC members on the need to increase the supply of crude oil; (4) the President should review policies, programs, and regulations that put an undue burden on domestic energy producers and consider lifting unnecessary regulations that interfere with the ability of U.S. energy industries to supply a greater percentage of U.S. energy needs; and (5) the Senate should appropriate sufficient funds for the development of domestic energy sources, including measures to increase the use of biofuels and other renewable resources.