S. 1224 · 114th Congress
Condensate Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
MurkowskiSponsorNo cosponsors.
This bill requires the Department of Energy to develop a standard definition of the term "condensate" and, subsequently, advise relevant federal agencies to adopt that definition in order to clarify U.S. energy policy.
What it does: CRS summary · Introduced in Senate · May 6, 2015
Condensate Act of 2015
This bill requires the Department of Energy to develop a standard definition of the term "condensate" and, subsequently, advise relevant federal agencies to adopt that definition in order to clarify U.S. energy policy.
The Assistant Secretary for Fossil Energy may assess the suitability of condensate separately from crude oil for use in strategic reserves.
The Energy Information Administration must collect data concerning the chemical properties of domestically produced condensate and crude oil.
The Department of the Interior must assess condensate separately from crude oil.
The bill authorizes:
- the Bureau of Ocean Energy Management to estimate condensate separately from crude oil as part of the resource assessments regarding domestic geological formations,
- the Office of Natural Resources Revenue Data Collection to collect condensate data separately from crude oil, and
- the United States Geological Survey to include estimates of condensate separately from crude oil as part of the resource assessments regarding domestic geological formations.
Congress declares that processed condensate is a petroleum product.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Condensate Act of 2015
Latest action (May 19, 2015): Committee on Energy and Natural Resources. Hearings held.
Policy area: Energy · Origin: Senate · Introduced: May 6, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.