Strategic Petroleum Reserve Reform Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 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.
What just happenedMay 26, 2020
Referred to the House Committee on Energy and Commerce.
Who’s behind it
- Introduced in HouseMay 26, 2020
- May 26, 2020IntroReferralH11100
Referred to the House Committee on Energy and Commerce.
Energy and Commerce Committee - May 26, 2020IntroReferralIntro-H
Introduced in House
- May 26, 2020IntroReferral1000
Introduced in House