Amendment108th Congress
Amendment sought to authorize a Gasoline Availability Stabilization (GAS) Reserve program with a total capacity of 20 million barrels of regular unleaded gasoline with reserve sites in California, the Midwest, the Northeast, and two additional sites as identified by the Secretary of Energy.
- Amendment Number
- 73
- Description
- Amendment sought to authorize a Gasoline Availability Stabilization (GAS) Reserve program with a total capacity of 20 million barrels of regular unleaded gasoline with reserve sites in California, the Midwest, the Northeast, and two additional sites as identified by the Secretary of Energy.
- Purpose
- An amendment numbered 9 printed in House Report 108-69 adds a new section authorizing a Gasoline Availability Stabilization (GAS) Reserve program modeled on the Strategic Petroleum Reserve (SPR). The amendment would require the establishment of three GAS reserves within two years of enactment; allows the creation of two additional reserves anywhere in the country; authorizes emergency sales from a GAS reserve only in response to a physical disruption, and authorizes maintenance transactions with safeguards to prevent price inflation and ensure product freshness.
- Congress
- 108
- Type
- HAMDT
- Latest Action Date
- Apr 10, 2003
- Latest Action Text
- On agreeing to the Brown (OH) amendment (A009) Failed by recorded vote: 173 - 252 (Roll no. 137).
- Latest Action Time
- 21:42:18
- Submitted Date
- Apr 10, 2003
- Chamber
- House of Representatives
- Update Date
- Sep 29, 2021