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HR 245 107th Congress House

Natural Gas Reserve Act of 2001

Official title: To provide for the establishment of a Natural Gas Reserve.

Introduced: January 30, 2001 See on congress.gov
Energy Armed Forces and National SecurityCommerceCongressCongressional reporting requirements
More subjectsShow fewer subjects
Economics and Public FinanceEnergy shortagesGas industryGas storageGovernment trust fundsNatural gas reservesPublic Lands and Natural ResourcesStrategic materials
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 14, 2001
Referred to the Subcommittee on Energy and Air Quality.
Jan 30, 2001
Referred to the House Committee on Energy and Commerce.
Jan 30, 2001
Sponsor introductory remarks on measure. (CR E52)
Jan 30, 2001
Introduced in House
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 Latest action February 14, 2001

Referred to the Subcommittee on Energy and Air Quality.

 Plain-English summary Congressional Research Service
Natural Gas Reserve Act of 2001 - Amends the Energy Policy and Conservation Act to authorize the Secretary of Energy to establish and operate a Natural Gas Reserve (NGR), which shall not be deemed to be a component of the Strategic Petroleum Reserve.

Sets forth implementation authority for natural gas release and sales predicated upon a finding that a natural gas supply shortage exists. Restricts such sales to entities customarily engaged in natural gas sale and distribution.

Instructs the Secretary of the Treasury to establish a Natural Gas Reserve Account to serve as depository for receipts from disposition of NGR natural gas.

Authorizes the Secretary of Energy to obligate amounts in such Account without the need for further appropriation. Retains the availability of such funds for obligation without fiscal year limitation.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 2 Independent 1
D
DeLauro, Rosa L.
Connecticut · Feb 14, 2001
 D
McGovern, James P.
Massachusetts · Feb 6, 2001
 I
Sanders, Bernard
Vermont · Jan 30, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 245: Natural Gas Reserve Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-245/
MLA
"H.R. 245: Natural Gas Reserve Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-245/.
Bluebook (legal)
H.R. 245, 107th Cong. (2026), https://openamerica.io/bill/107-HR-245/.
Markdown link
[H.R. 245: Natural Gas Reserve Act of 2001](https://openamerica.io/bill/107-HR-245/)
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