Skip to main content
HR 1914 112th Congress House Energy Energy storage, supplies, demand Government information and archives Oil and gas Strategic materials and reserves

Gas Price Stabilization Act of 2011

Introduced: May 13, 2011 Introduced by: Cuellar, Henry Democratic · Texas See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 23, 2011
Referred to the Subcommittee on Energy and Power.
May 13, 2011
Referred to the House Committee on Energy and Commerce.
May 13, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Gas Price Stabilization Act of 2011 - 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, (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 such cash proceeds the amount necessary to pay for the direct administrative and operational costs of the sale and acquisition.

What's happening now May 23, 2011

Referred to the Subcommittee on Energy and Power.

 Committees of jurisdiction 2