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HR 3791 109th Congress House Energy Armed Forces and National Security Congress Congressional reporting requirements Cost effectiveness Economics and Public Finance Energy prices Energy security Energy supplies Government Operations and Politics Government procurement Petroleum Petroleum reserves Public Lands and Natural Resources Strategic materials

Oil Reserve Pricing Reform Act

Introduced: September 15, 2005 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
Sep 19, 2005
Referred to the Subcommittee on Energy and Air Quality.
Sep 15, 2005
Referred to the House Committee on Energy and Commerce.
Sep 15, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Oil Reserve Pricing Reform Act - Authorizes the Secretary of Energy, in certain circumstances, to defer a petroleum acquisition for the Strategic Petroleum Reserve (SPR) that is in excess of 700,000,000 barrels.

Requires the Secretary, in determining whether to defer such acquisition, to: (1) use pre-2202 market-based practices when deciding to acquire petroleum for the Strategic Petroleum Reserve; (2) carry out and make public analyses of costs and savings; (3) report to Congress the impact such acquisition will have on the domestic and foreign supply of petroleum and the resulting price increases or decreases; and (4) consult with the Secretary of Homeland Security on the security consequences of such acquisition or deferral.

What's happening now September 19, 2005

Referred to the Subcommittee on Energy and Air Quality.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1