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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 3655 Introduced in Senate (IS)]

<DOC>

118th CONGRESS
  2nd Session
                                S. 3655

    To prohibit a drawdown and sale of petroleum products from the 
Strategic Petroleum Reserve if the President has withdrawn certain land 
           from oil and gas leasing, and for other purposes.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                            January 24, 2024

Mr. Budd (for himself, Mr. Sullivan, Mr. Ricketts, Mr. Schmitt, and Mr. 
Braun) introduced the following bill; which was read twice and referred 
            to the Committee on Energy and Natural Resources

_______________________________________________________________________

                                 A BILL

 
    To prohibit a drawdown and sale of petroleum products from the 
Strategic Petroleum Reserve if the President has withdrawn certain land 
           from oil and gas leasing, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Strategically Lowering Gas Prices 
Act''.

SEC. 2. DRAWDOWN AND SALE OF PETROLEUM PRODUCTS.

    Section 161 of the Energy Policy and Conservation Act (42 U.S.C. 
6241) is amended by adding at the end the following:
    ``(k) Effect of Withdrawal of Lands.--
            ``(1) Withdrawal by the president.--
                    ``(A) In general.--Notwithstanding subsections (d) 
                and (h), the Secretary may not draw down and sell 
                petroleum products from the Reserve pursuant to a 
                finding made by the President under this section if the 
                President, the Secretary of the Interior, or the 
                Secretary of Agriculture, as determined by the 
                Inspector General of the Department of the Interior, 
                has withdrawn land after the date of enactment of this 
                subsection that is subject to disposition under any of 
                the mineral leasing laws from oil and gas leasing.
                    ``(B) Timeline.--The Inspector General of the 
                Department of the Interior shall--
                            ``(i) make a determination required under 
                        subparagraph (A) not later than 30 days after 
                        the President, the Secretary of the Interior, 
                        or the Secretary of Agriculture has withdrawn 
                        land after the date of enactment of this 
                        subsection that is subject to disposition under 
                        any of the mineral leasing laws from oil and 
                        gas leasing; and
                            ``(ii) publish the determination required 
                        under subparagraph (A) in the Federal Register.
            ``(2) Withdrawal by statute.--For purposes of paragraph 
        (1), a withdrawal of land from oil and gas leasing provided by 
        an Act of Congress shall not be considered a withdrawal by the 
        President.
            ``(3) Exception.--Paragraph (1) shall not apply with 
        respect to a drawdown and sale that is required by a severe 
        energy supply interruption that, as determined by the 
        Secretary, was caused by--
                    ``(A) an act of sabotage;
                    ``(B) an act of war;
                    ``(C) an act of terrorism; or
                    ``(D) an act of God.''.
                                 <all>
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