Senate Bill 3618
115th Congress(2017-2018)
Strategic Petroleum Reserve Reform Act
Introduced
Introduced in Senate on Nov 14, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3618
Congress
115
Policy Area
Energy
Energy
Primary focus of measure is all sources and supplies of energy, including alternative energy sources, oil and gas, coal, nuclear power; efficiency and conservation; costs, prices, and revenues; electric power transmission; public utility matters.
No Senate votes have been held for this bill.
Summary
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.
November 14, 2018
11/29/2018
Committee on Energy and Natural Resources Subcommittee on Energy. Hearings held. With printed Hearing: S.Hrg. 115-534.
11/14/2018
Read twice and referred to the Committee on Energy and Natural Resources.
11/14/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:40:56 PM