HR 2908
111th Congress
House
Energy
Energy storage, supplies, demand
Government information and archives
Oil and gas
Strategic materials and reserves
Enhanced Supply and Price Reduction Act of 2009
Introduced: June 17, 2009
Introduced by:
Markey, Edward J.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2009
Referred to the Subcommittee on Energy and Environment.
Jun 17, 2009
Referred to the House Committee on Energy and Commerce.
Jun 17, 2009
Sponsor introductory remarks on measure. (E1464-1465)
Jun 17, 2009
Introduced in House
Plain-English summary
Enhanced Supply and Price Reduction Act of 2009 - Directs the Secretary of Energy to publish a plan to: (1) sell light grade petroleum from the Strategic Petroleum Reserve (SPR) and acquire an equivalent volume of heavy grade petroleum or refined petroleum product; (2) deposit the cash proceeds from such sales into the SPR Petroleum Account established under the Energy Policy and Conservation Act; and (3) withdraw, from the cash proceeds deposited, the amount necessary to pay for the direct administrative and operational costs of the sale and acquisition.
What's happening now
Referred to the Subcommittee on Energy and Environment.
Committees of jurisdiction
2