H. R. 2472
One Hundred Fifth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Tuesday,
the twenty-seventh day of January, one thousand nine hundred and ninety-eight
An Act
To extend certain programs under the Energy Policy and Conservation Act.
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. ENERGY POLICY AND CONSERVATION ACT AMENDMENTS.
The Energy Policy and Conservation Act is amended—
(1) in section 166 (42 U.S.C. 6246) by striking ‘‘1997’’ and
inserting in lieu thereof ‘‘1999’’;
(2) in section 181 (42 U.S.C. 6251) by striking ‘‘1997’’ both
places it appears and inserting in lieu thereof ‘‘1999’’;
(3) by striking ‘‘section 252(l)(1)’’ in section 251(e)(1) (42
U.S.C. 6271(e)(1)) and inserting ‘‘section 252(k)(1)’’;
(4) in section 252 (42 U.S.C. 6272)—
(A) in subsections (a)(1) and (b), by striking ‘‘allocation
and information provisions of the international energy pro-
gram’’ and inserting ‘‘international emergency response
provisions’’;
(B) in subsection (d)(3), by striking ‘‘known’’ and insert-
ing after ‘‘circumstances’’ ‘‘known at the time of approval’’;
(C) in subsection (e)(2) by striking ‘‘shall’’ and inserting
‘‘may’’;
(D) in subsection (f)(2) by inserting ‘‘voluntary agree-
ment or’’ after ‘‘approved’’;
(E) by amending subsection (h) to read as follows:
‘‘(h) Section 708 of the Defense Production Act of 1950 shall
not apply to any agreement or action undertaken for the purpose
of developing or carrying out—
‘‘(1) the international energy program; or
‘‘(2) any allocation, price control, or similar program with
respect to petroleum products under this Act.’’;
(F) in subsection (k) by amending paragraph (2) to
read as follows:
‘‘(2) The term ‘international emergency response provisions’
means—
‘‘(A) the provisions of the international energy program
which relate to international allocation of petroleum
products and to the information system provided in the
program; and
‘‘(B) the emergency response measures adopted by the
Governing Board of the International Energy Agency
(including the July 11, 1984, decision by the Governing
Board on ‘Stocks and Supply Disruptions’) for—
‘‘(i) the coordinated drawdown of stocks of petro-
leum products held or controlled by governments; and
H. R. 2472—2
‘‘(ii) complementary actions taken by governments
during an existing or impending international oil
supply disruption.’’; and
(G) by amending subsection (l) to read as follows:
‘‘(l) The antitrust defense under subsection (f) shall not extend
to the international allocation of petroleum products unless alloca-
tion is required by chapters III and IV of the international energy
program during an international energy supply emergency.’’;
(5) in section 281 (42 U.S.C. 6285) by striking ‘‘1997’’ both
places it appears and inserting in lieu thereof ‘‘1999’’; and
(6) at the end of section 154 by adding the following new
subsection:
‘‘(f)(1) The drawdown and distribution of petroleum products
from the Strategic Petroleum Reserve is authorized only under
section 161 of this Act, and drawdown and distribution of petroleum
products for purposes other than those described in section 161
of this Act shall be prohibited.
‘‘(2) In the Secretary’s annual budget submission, the Secretary
shall request funds for acquisition, transportation, and injection
of petroleum products for storage in the Reserve. If no requests
for funds are made, the Secretary shall provide a written expla-
nation of the reason therefore.’’.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.