To authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil, and for other purposes.
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Instructs the Secretary of Energy to: (1) publish an announcement in the Federal Register, within 14 days after the end of any period of ten consecutive days during which the price of oil exceeds $90 per barrel, offering 50 million barrels of light crude oil from the Strategic Petroleum Reserve (SPR) in exchange for heavy crude oil; and (2) establish a schedule distributing exchanges over a period of two years.
Sunsets the authority to enter into such exchange agreement one year after the date of enactment of this Act.
Referred to the Subcommittee on Energy and Air Quality.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 6035: To authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil, and for other purposes.. 110th Congress. Open America. https://openamerica.io/bill/110-HR-6035/
"H.R. 6035: To authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil, and for other purposes.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-6035/.
H.R. 6035, 110th Cong. (2026), https://openamerica.io/bill/110-HR-6035/.
[H.R. 6035: To authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil, and for other purposes.](https://openamerica.io/bill/110-HR-6035/)