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S 3618 115th Congress Senate Energy Energy revenues and royalties Energy storage, supplies, demand Oil and gas Strategic materials and reserves

Strategic Petroleum Reserve Reform Act

Introduced: November 14, 2018 Introduced by: Cassidy, Bill Republican · Louisiana See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 29, 2018
Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 115-534.
Nov 14, 2018
Read twice and referred to the Committee on Energy and Natural Resources.
Nov 14, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

Strategic Petroleum Reserve Reform Act

This bill amends the Energy Policy and Conservation Act to authorize the Department of Energy (DOE) to lease underutilized Strategic Petroleum Reserve storage facilities to private entities. Currently, DOE may only lease these storage facilities to foreign governments.

DOE must conduct a pilot program to lease underutilized storage facilities. The program must make available capacity for storage of up to 200 million barrels of petroleum products.

What's happening now November 29, 2018

Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 115-534.

 Committees of jurisdiction 2