"Senate Republicans will never side with American taxpayers against Big Oil," said Reid. "It’s against their nature."

Republicans surprised Democrats on Monday by voting to bring the legislation, authored by Sen. Robert MenendezRobert (Bob) MenendezCongress must provide flexible funding for owners of repeatedly flooded properties Senate ethics panel resumes Menendez probe after judge declares mistrial Judge declares mistrial in Menendez bribery case MORE (D-N.J.), to the Senate floor.

With gas prices rising, Republican leader Mitch McConnellAddison (Mitch) Mitchell McConnellSessions: 'We should be like Canada' in how we take in immigrants NSA spying program overcomes key Senate hurdle Overnight Finance: Lawmakers see shutdown odds rising | Trump calls for looser rules for bank loans | Consumer bureau moves to revise payday lending rule | Trump warns China on trade deficit MORE (Ky.) urged his caucus to bring the bill to the floor in order to argue in debate that the $24 billion tax hike suggested in the bill would only be passed on to consumers, driving prices at the pump even higher. Republicans are expected to vote to kill the legislation later this week. 

Reid on Tuesday said the American people shouldn't be "fooled by last night’s bipartisan vote" because Republicans had already proven with rhetoric that they oppose the legislation to "roll back billions in handouts to oil companies making record profits."