Energy Subcommittee, Energy and Natural Resources Committee, Energy Subcommittee, Energy and Commerce Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Strategic Petroleum Reserve Reform Act (Sec. 2) This bill amends the Energy Policy and Conservation Act to authorize the Department of Energy (DOE) to lease underutilized Strategic Petroleum Reserve storage facilities to private entities. Currently, DOE may only lease these storage facilities to foreign governments. (Sec. 3) DOE must conduct a pilot program to lease underutilized storage facilities. The program must make available capacity for storage of up to 200 million barrels of petroleum products.
Energy revenues and royaltiesEnergy storage, supplies, demandOil and gasStrategic materials and reserves
Strategic Petroleum Reserve Reform Act
USA115th CongressHR-6511| House
| Updated: 11/29/2018
Strategic Petroleum Reserve Reform Act (Sec. 2) This bill amends the Energy Policy and Conservation Act to authorize the Department of Energy (DOE) to lease underutilized Strategic Petroleum Reserve storage facilities to private entities. Currently, DOE may only lease these storage facilities to foreign governments. (Sec. 3) DOE must conduct a pilot program to lease underutilized storage facilities. The program must make available capacity for storage of up to 200 million barrels of petroleum products.