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Strategic Petroleum Reserve Reform Act

USA116th CongressHR-7019| House 
| Updated: 5/26/2020
Steve Scalise

Steve Scalise

Republican Representative

Louisiana

Cosponsors (16)
Michael C. Burgess (Republican)Clay Higgins (Republican)Roger Marshall (Republican)Pete Olson (Republican)Mike Johnson (Republican)Jeff Duncan (Republican)Collin C. Peterson (Democratic)Rob Bishop (Republican)Vicente Gonzalez (Democratic)Bill Flores (Republican)Henry Cuellar (Democratic)Robert E. Latta (Republican)Randy K. Sr. Weber (Republican)Greg Pence (Republican)Troy Balderson (Republican)Fred Keller (Republican)

Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Strategic Petroleum Reserve Reform Act This bill revises requirements for the Strategic Petroleum Reserve to address underutilized storage facilities. Specifically, the bill authorizes the Department of Energy (DOE) to lease such storage facilities to private entities. Currently, DOE may only lease these storage facilities to foreign governments. DOE must ensure that leasing of facilities to foreign governments will not impair national security. In addition, DOE must conduct a pilot program to lease storage capacity for up to 200 million barrels of petroleum products.
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Timeline

Bill from Previous Congress

HR 115-6511
Strategic Petroleum Reserve Reform Act
May 21, 2020

Latest Companion Bill Action

S 116-3816
Introduced in Senate
May 26, 2020
Introduced in House
May 26, 2020
Referred to the House Committee on Energy and Commerce.
  • Bill from Previous Congress

    HR 115-6511
    Strategic Petroleum Reserve Reform Act


  • May 21, 2020

    Latest Companion Bill Action

    S 116-3816
    Introduced in Senate


  • May 26, 2020
    Introduced in House


  • May 26, 2020
    Referred to the House Committee on Energy and Commerce.

Energy

Energy revenues and royaltiesEnergy storage, supplies, demandOil and gasStrategic materials and reserves

Strategic Petroleum Reserve Reform Act

USA116th CongressHR-7019| House 
| Updated: 5/26/2020
Strategic Petroleum Reserve Reform Act This bill revises requirements for the Strategic Petroleum Reserve to address underutilized storage facilities. Specifically, the bill authorizes the Department of Energy (DOE) to lease such storage facilities to private entities. Currently, DOE may only lease these storage facilities to foreign governments. DOE must ensure that leasing of facilities to foreign governments will not impair national security. In addition, DOE must conduct a pilot program to lease storage capacity for up to 200 million barrels of petroleum products.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 115-6511
Strategic Petroleum Reserve Reform Act
May 21, 2020

Latest Companion Bill Action

S 116-3816
Introduced in Senate
May 26, 2020
Introduced in House
May 26, 2020
Referred to the House Committee on Energy and Commerce.
  • Bill from Previous Congress

    HR 115-6511
    Strategic Petroleum Reserve Reform Act


  • May 21, 2020

    Latest Companion Bill Action

    S 116-3816
    Introduced in Senate


  • May 26, 2020
    Introduced in House


  • May 26, 2020
    Referred to the House Committee on Energy and Commerce.
Steve Scalise

Steve Scalise

Republican Representative

Louisiana

Cosponsors (16)
Michael C. Burgess (Republican)Clay Higgins (Republican)Roger Marshall (Republican)Pete Olson (Republican)Mike Johnson (Republican)Jeff Duncan (Republican)Collin C. Peterson (Democratic)Rob Bishop (Republican)Vicente Gonzalez (Democratic)Bill Flores (Republican)Henry Cuellar (Democratic)Robert E. Latta (Republican)Randy K. Sr. Weber (Republican)Greg Pence (Republican)Troy Balderson (Republican)Fred Keller (Republican)

Energy and Commerce Committee

Energy

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Energy revenues and royaltiesEnergy storage, supplies, demandOil and gasStrategic materials and reserves