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HR 3855 101th Congress House Energy Energy policy Energy security Heating Imports Petroleum Petroleum prices Petroleum reserves Strategic materials

To amend the Energy Policy and Conservation Act to provide for the establishment of a Regional Petroleum Products Reserve, and for other purposes.

Introduced: January 23, 1990 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 5, 1990
Referred to the Subcommittee on Energy and Power.
Jan 23, 1990
Referred to the House Committee on Energy and Commerce.
Jan 23, 1990
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Energy Policy and Conservation Act to require the Secretary of Energy to establish a Regional Petroleum Products Reserve for Federal Energy Administration Region 1.

Directs the Secretary to accumulate residential heating petroleum products at Reserve facilities in case of severe price increases or disruptions of petroleum imports.

Requires the Secretary to develop and promulgate a separate distribution plan for this Regional Petroleum Products Reserve.

Requires (current law permits) the Secretary to: (1) establish an Industrial Petroleum Reserve as part of the Strategic Petroleum Reserve; and (2) require petroleum product importers and refiners to maintain readily available inventories in amounts determined by the Secretary.

What's happening now February 5, 1990

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1