Title: Know Your Oil Act
Policy area: Energy

Summary:
Know Your Oil Act
This bill directs the Department of Energy (DOE)	to issue regulations that	require companies that extract, refine, or transport oil or refined products to disclose oil data, including the amounts and sources	of greenhouse gas emitted during the oil	extraction, refining, and combustion process.
DOE must consult with federal agencies and state and tribal governments to carry out this bill.	Additionally, DOE must publicly disclose and maintain the	data it collects on greenhouse gas emissions and oil field resources.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3286 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 3286

   To direct the Secretary of Energy to issue regulations regarding 
            disclosure of oil data, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 18, 2017

 Mr. Huffman introduced the following bill; which was referred to the 
                    Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
   To direct the Secretary of Energy to issue regulations regarding 
            disclosure of oil data, 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 ``Know Your Oil Act''.

SEC. 2. OIL DATA.

    (a) Regulations.--Not later than 1 year after the date of the 
enactment of this Act, the Secretary of Energy shall issue regulations 
to require companies that extract, refine, or transport oil or 
transport refined products to disclose field-level oil data, 
including--
            (1) greenhouse gas emissions during extraction, refining, 
        and combustion;
            (2) nonproprietary practices and technologies that affect 
        such emissions, including--
                    (A) locations of oil fields;
                    (B) flaring of natural gas associated with 
                extraction, production, and refining;
                    (C) venting of methane gas associated with 
                extraction, production, and refining;
                    (D) refinery processes and production practices;
                    (E) supply chains, logistics, and methods of 
                transport for crude oil and refined products; and
                    (F) production and reserve volumes of oil fields; 
                and
            (3) standardized oil assays that are multi-cut with fixed 
        temperatures and routinely collected to characterize each oil 
        field resource.
    (b) Consultation.--In carrying out this Act, the Secretary shall 
consult with appropriate entities that are authorized to collect 
relevant information, including--
            (1) the Environmental Protection Agency;
            (2) the Department of the Interior;
            (3) the Securities and Exchange Commission;
            (4) the Department of Commerce, acting through the National 
        Oceanic and Atmospheric Administration;
            (5) the Energy Information Administration;
            (6) Indian tribes, as defined under section 4 of the Indian 
        Self-Determination and Education Assistance Act (25 U.S.C. 
        5304); and
            (7) States, through--
                    (A) the respective energy, oil, and gas resource 
                agencies of each State; or
                    (B) interstate compacts, including the Interstate 
                Oil and Gas Compact Commission.
    (c) Reporting.--Not later than 1 year after the date the Secretary 
issues regulations under subsection (a), the Secretary shall publish 
and maintain thereafter the information gathered pursuant to this Act 
online as an open dataset.
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