173 
(3) COST-SHARING.—Section 988 of the Energy 
Policy Act of 2005 (42 U.S.C. 16352) shall apply to 
any project carried out under this subsection. 
(d) AUTHORIZATION OF APPROPRIATIONS.—Of the 
funds authorized under section 911(b) of Public Law 109– 
58, the Energy Policy Act of 2005, such sums shall be 
allocated to carry out this program. 
Subtitle D—Setting Energy 
Efficiency Goals 
SEC. 251. OIL SAVINGS PLAN AND REQUIREMENTS. 
(a) OIL SAVINGS TARGET AND ACTION PLAN.—Not 
later than 270 days after the date of enactment of this 
Act, the Director of the Office of Management and Budget 
(referred to in this section as the ‘‘Director’’) shall publish 
in the Federal Register an action plan consisting of— 
(1) a list of requirements proposed or to be pro-
posed pursuant to subsection (b) that are authorized 
to be issued under law in effect on the date of enact-
ment of this Act, and this Act, that will be suffi-
cient, when taken together, to save from the baseline 
determined under subsection (e)— 
(A) 2,500,000 barrels of oil per day on av-
erage during calendar year 2016; 
(B) 7,000,000 barrels of oil per day on av-
erage during calendar year 2026; and 
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(C) 10,000,000 barrels per day on average 
during calendar year 2031; and 
(2) a Federal Government-wide analysis dem-
onstrating— 
(A) the expected oil savings from the base-
line to be accomplished by each requirement; 
and 
(B) that all such requirements, taken to-
gether, will achieve the oil savings specified in 
this subsection. 
(b) STANDARDS AND REQUIREMENTS.— 
(1) IN GENERAL.—On or before the date of 
publication of the action plan under subsection (a), 
the Secretary of Energy, the Secretary of Transpor-
tation, the Secretary of Defense, the Secretary of 
Agriculture, the Secretary of the Treasury, the Ad-
ministrator of the Environmental Protection Agency, 
and the head of any other agency the President de-
termines appropriate shall each propose, or issue a 
notice of intent to propose, regulations establishing 
each standard or other requirement listed in the ac-
tion plan that is under the jurisdiction of the respec-
tive agency using authorities described in paragraph 
(2). 
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(2) AUTHORITIES.—The head of each agency 
described in paragraph (1) shall use to carry out 
this subsection— 
(A) any authority in existence on the date 
of enactment of this Act (including regulations); 
and 
(B) any new authority provided under this 
Act (including an amendment made by this 
Act). 
(3) FINAL REGULATIONS.—Not later than 18 
months after the date of enactment of this Act, the 
head of each agency described in paragraph (1) shall 
promulgate final versions of the regulations required 
under this subsection. 
(4) CONTENT
OF
REGULATIONS.—Each pro-
posed and final regulation promulgated under this 
subsection shall— 
(A) be sufficient to achieve at least the oil 
savings resulting from the regulation under the 
action plan published under subsection (a); and 
(B) be accompanied by an analysis by the 
applicable agency demonstrating that the regu-
lation will achieve the oil savings from the base-
line determined under subsection (e). 
(c) INITIAL EVALUATION.— 
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(1) IN GENERAL.—Not later than 2 years after 
the date of enactment of this Act, the Director 
shall— 
(A) publish in the Federal Register a Fed-
eral Government-wide analysis of— 
(i) the oil savings achieved from the 
baseline established under subsection (e); 
and 
(ii) the expected oil savings under the 
standards and requirements of this Act 
(and amendments made by this Act); and 
(B) determine whether oil savings will 
meet the targets established under subsection 
(a). 
(2) INSUFFICIENT OIL SAVINGS.—If the oil sav-
ings are less than the targets established under sub-
section (a), simultaneously with the analysis re-
quired under paragraph (1)— 
(A) the Director shall publish a revised ac-
tion plan that is sufficient to achieve the tar-
gets; and 
(B) the head of each agency referred to in 
subsection (b)(1) shall propose new or revised 
regulations that are sufficient to achieve the 
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targets under paragraphs (1), (2), and (3), re-
spectively, of subsection (b). 
(3) FINAL REGULATIONS.—Not later than 180 
days after the date on which regulations are pro-
posed under paragraph (2)(B), the head of each 
agency referred to in subsection (b)(1) shall promul-
gate final versions of those regulations that comply 
with subsection (b)(1). 
(d) REVIEW AND UPDATE OF ACTION PLAN.— 
(1) REVIEW.—Not later than January 1, 2011, 
and every 3 years thereafter, the Director shall sub-
mit to Congress, and publish, a report that— 
(A) evaluates the progress achieved in im-
plementing the oil savings targets established 
under subsection (a); 
(B) analyzes the expected oil savings under 
the standards and requirements established 
under this Act and the amendments made by 
this Act; and 
(C)(i) analyzes the potential to achieve oil 
savings that are in addition to the savings re-
quired by subsection (a); and 
(ii) if the President determines that it is in 
the national interest, establishes a higher oil 
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