H.R. 5264 · 108th Congress
To authorize the use of Strategic Petroleum Reserve capacity above 700,000,000 barrels to address sustained…
Full title
To authorize the use of Strategic Petroleum Reserve capacity above 700,000,000 barrels to address sustained petroleum product price increases.
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Amends the Energy Policy and Conservation Act to authorize the Secretary of Energy to draw down and sell petroleum products from the Strategic Petroleum Reserve (SPR) to address sustained petroleum product price increases in the United States that could have an adverse impact on the Nation's economy, regardless of whether there has been a supply…
What it does: CRS summary · Introduced in House · Oct 7, 2004
Amends the Energy Policy and Conservation Act to authorize the Secretary of Energy to draw down and sell petroleum products from the Strategic Petroleum Reserve (SPR) to address sustained petroleum product price increases in the United States that could have an adverse impact on the Nation's economy, regardless of whether there has been a supply interruption or shortage.
Prohibits the Secretary from reducing the capacity of the SPR to less than 700 million barrels of petroleum product.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To authorize the use of Strategic Petroleum Reserve capacity above 700,000,000 barrels to address sustained petroleum product price increases.
Latest action (Oct 10, 2004): Sponsor introductory remarks on measure. (CR E1852)
Policy area: Energy · Origin: House · Introduced: Oct 7, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.