Securing Our Propane Supply Act

This bill mandates the Secretary of Energy to conduct a comprehensive study on the feasibility and effectiveness of establishing a national strategic propane reserve, separate from the existing Strategic Petroleum Reserve. The study will assess the current U.S. propane supply chain, risks of regional disruptions, and the justification for creating such a reserve. It will evaluate suitable locations, necessary infrastructure, and appropriate storage quantities, alongside methods for acquiring and delivering propane while minimizing market impacts. The study also includes identifying appropriate release triggers and analyzing the market implications of a reserve, including effects on price and supply. Furthermore, it will assess likely consumers and evaluate alternatives to a strategic reserve. Based on these findings, the Secretary must develop recommendations on whether to establish a reserve and the most practicable method for its creation, with industry coordination encouraged. Both the completed study and the subsequent implementation plan must be submitted to Congress, with provisions for protecting classified national security information.