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H.R. 5553

Crude by Rail Volatility Standard Act

Crude by Rail Volatility Standard Act

This bill establishes a maximum volatility standard for crude oil.

Specifically, the bill

  • prohibits the transportation by rail of crude oil with Reid vapor pressure (a measure of gasoline's volatility) of more than 9.5 pounds per square inch (the maximum volatility set by the New York Mercantile Exchange for crude oil futures contracts), and
  • directs the Pipeline and Hazardous Materials Safety Administration to finalize a rule setting a maximum volatility standard for crude oil and other hazardous materials transported by rail.

Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

Rep. Garamendi, John [D-CA-3](D-CA)Sponsor
4 cosponsors4 D
4cosponsors1committees4actions4subjects
  1. Committee

    Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

    Railroads, Pipelines, and Hazardous Materials Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Transportation and Infrastructure.

    Transportation and Infrastructure Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Crude by Rail Volatility Standard Act — Informed