(1) wholesale and retail prices and primary and
secondary inventory levels of home heating fuel on a
national, State, and PADD basis;
(2) wholesale prices and primary inventory lev-
els of home heating fuel on a company-by-company
basis (without identifying the names of such compa-
nies);
(3) wellhead and citygate prices of natural gas
by major interstate pipeline;
(4) inventory levels of working natural gas and
base natural gas held in underground storage by
interstate and intrastate operator;
(5) wholesale and retail prices and primary and
secondary inventory levels of automotive fuel on a
national, State, and PADD basis; and
(6) wholesale prices and primary inventory lev-
els of automotive fuel on a company-by-company
basis (without identifying the names of such compa-
nies).
(b) FREQUENCY OF SURVEYS.—
(1) HOME
HEATING
FUEL
AND
NATURAL
GAS.—The surveys described in paragraphs (1), (2),
(3), and (4) of subsection (a) shall be conducted and
published weekly during each winter heating season
beginning with the first winter heating season fol-
lowing the date of enactment of this Act.
(2) AUTOMOTIVE FUEL.—The surveys described
in paragraphs (5) and (6) of subsection (a) shall be
conducted and published weekly throughout each
year beginning 6 months after the date of enactment
of this Act.
SEC. 3. RECOMMENDED ADEQUATE INVENTORY LEVELS.
(a) IN GENERAL.—The Secretary shall, after con-
sultation with the Administrator of the Energy Informa-
tion Administration and State energy offices, establish
recommended adequate inventory levels for home heating
fuel, natural gas, and automotive fuel in accordance with
this section. Such levels shall constitute the amount of in-
ventories necessary to prevent substantial disruptions in
supply or substantial price increases and shall exceed lev-
els regarded as minimum operating levels, below which op-
erating problems and shortages would appear in the na-
tional distribution system.
(b) HOME HEATING FUEL.—In the case of home
heating fuel, such levels shall be established for primary
and secondary inventories on a national, state, and PADD
basis. Such levels shall be established before each winter
heating season and remain in effect for that season.
(c) NATURAL GAS.—In the case of natural gas, such
level shall be established on a national basis for natural
gas held in underground storage. Such level shall be estab-
lished before each winter heating season and remain in
effect for that season.
(d) AUTOMOTIVE FUEL.—In the case of automotive
fuel, such levels shall be established for primary and sec-
ondary inventories on a national and PADD basis. Such
levels shall be established for each 6 month period begin-
ning 6 months after the date of enactment of this Act.
SEC. 4. NOTIFICATION OF INVENTORY LEVELS.
(a) HOME HEATING FUEL AND NATURAL GAS.—
(1) PRESEASON NOTIFICATION.—Not later than
October 1 of each year, the Secretary shall notify
the Congress, the President, and State energy offices
concerning whether inventories of home heating fuel
and natural gas meet the recommended adequate in-
ventory levels established under section 3 for the
winter heating season beginning that October 1.
(2) SUPPLEMENTAL
NOTIFICATIONS.—If, at
any time during any winter heating season, inven-
tories of home heating fuel or natural gas fall below
the recommended adequate inventory levels estab-
lished under section 3 for that winter heating sea-
son, the Secretary shall notify the Congress, the
President, and the State energy office of any State
concerned, and shall make recommendations for leg-
islative and administrative actions necessary to re-
store inventories to such recommended adequate lev-
els.
(b) AUTOMOTIVE FUEL.—If, at any time, inventories
of automotive fuel fall below the recommended adequate
inventory levels established under section 3 for that 6
month period, the Secretary shall notify the Congress, the
President, and the State energy office of any State con-
cerned, and shall make recommendations for legislative
and administrative actions necessary to restore inventories
to such recommended adequate levels.
SEC. 5. REPORT ON INTERRUPTIBLE NATURAL GAS CON-
TRACTS.
The Secretary shall conduct a study of the effect, if
any, of interruptible natural gas contracts on the demand
and supply of home heating fuel during the 1989–1990
winter heating season. The Secretary shall issue a report
on the findings of the study no later than 6 months after
the date of enactment of this Act. The report shall include
any recommendations concerning alternate fuel storage re-
quirements for holders of interruptible natural gas con-
tracts and recommendations concerning other matters rel-
evant to the purposes of this Act.
SEC. 6. DEFINITIONS.
For the purposes of this Act—
(1) the term ‘‘home heating fuel’’ means home
heating oil, propane, and diesel fuel;
(2) the term ‘‘PADD’’ means Petroleum Ad-
ministration Defense District;
(3) the term ‘‘primary inventory’’ means manu-
facturer inventory;
(4) the term ‘‘secondary inventory’’ means bulk
plant, wholesaler, and retailer inventory;
(5) the term ‘‘Secretary’’ means the Secretary
of Energy; and
(6) the term ‘‘winter heating season’’ means the
period beginning on October 1 of a year and ending
on April 30 of the following year.
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