Oil Reserve Pricing Reform Act
Official title: To provide for the deferment of acquisition of petroleum for the Strategic Petroleum Reserve under certain circumstances.
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Referred to the Subcommittee on Energy and Air Quality.
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.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3791: Oil Reserve Pricing Reform Act. 109th Congress. Open America. https://openamerica.io/bill/109-HR-3791/
"H.R. 3791: Oil Reserve Pricing Reform Act." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-3791/.
H.R. 3791, 109th Cong. (2026), https://openamerica.io/bill/109-HR-3791/.
[H.R. 3791: Oil Reserve Pricing Reform Act](https://openamerica.io/bill/109-HR-3791/)