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HR 1017 112th Congress House Energy Energy storage, supplies, demand Oil and gas Strategic materials and reserves

Enhanced SPR Act

Introduced: March 10, 2011 Introduced by: Markey, Edward J. Democratic · Massachusetts 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
Mar 15, 2011
Referred to the Subcommittee on Energy and Power.
Mar 10, 2011
Referred to the House Committee on Energy and Commerce.
Mar 10, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Enhanced Supply and Price Reduction Act of 2011 or Enhanced SPR Act - Amends the Energy Policy and Conservation Act to require the Strategic Petroleum Reserve (SPR) to contain at least 30 million barrels of refined petroleum products.

Directs the Secretary of Energy (DOE) to: (1) sell at least 30 million barrels of light grade petroleum from the SPR and acquire refined petroleum product; (2) deposit the cash proceeds from such sales into the SPR Petroleum Account; and (3) from such deposited proceeds withdraw the amount necessary to pay for the direct administrative and operational costs of the sale and acquisition, including for acquisition and maintenance of, and improvements to, storage facilities.

What's happening now March 15, 2011

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 3