S. 1362 · 110th Congress
Strategic Gasoline and Fuel Reserve Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DurbinSponsorNo cosponsors.
Strategic Gasoline and Fuel Reserve Act of 2007 - Amends the Energy Policy and Conservation Act to direct the Secretary of Energy to establish, maintain, and operate a Strategic Gasoline and Fuel Reserve of gasoline and jet fuel.
What it does: CRS summary · Introduced in Senate · May 10, 2007
Strategic Gasoline and Fuel Reserve Act of 2007 - Amends the Energy Policy and Conservation Act to direct the Secretary of Energy to establish, maintain, and operate a Strategic Gasoline and Fuel Reserve of gasoline and jet fuel.
Instructs the Secretary to determine between three and five regionally strategic Reserve sites throughout the United States.
Permits the Secretary to release gasoline or fuel from the Reserve only if: (1) the President finds that there is a severe fuel supply disruption; or (2) the governor of a state requests a release from the Reserve, accompanied by specified findings.
Establishes in the Treasury a revolving Strategic Gasoline and Fuel Reserve Fund.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Strategic Gasoline and Fuel Reserve Act of 2007
Latest action (May 10, 2007): Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced in Senate: CR S5934-5936)
Policy area: Energy · Origin: Senate · Introduced: May 10, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.