Resolution to authorize the Committee on Interstate and Foreign Commerce to conduct an investigation and study of the importing, inventorying, and disposition of crude oil, residual fuel oil, and refined petroleum products.

Expresses the sense of the House of Representatives that accurate and complete data on imports of oil and oil products into the United States, oil and oil products inventories in the United States or under the control of companies owned by United States citizens, and distribution of oil and oil products within and from out of the United States are essential to the national security of the United States, the safety of its citizens, and the proper conduct of its domestic and international commerce. Authorizes the House Committee on Interstate and Foreign Commerce to conduct a full and complete investigation and study of the importing, inventorying, and disposition of crude oil, residual fuel oil, and refined petroleum products.