Strategic Petroleum Reserve Anti-Exploitation Act

Bill: 117-hr-7996
Sponsor: full_name: Rep. Fallon, Pat [R-TX-4]
Introduced: 2022-06-09
Policy area: Energy
Latest action: action_date: 2022-06-09
text: Referred to the House Committee on Energy and Commerce.

Summaries:
action_date: 2022-06-09
action_desc: Introduced in House
text: <p><b>Strategic Petroleum Reserve Anti-Exploitation Act</b></p> <p>This bill prohibits the drawdown or sale of stocks in the Strategic Petroleum Reserve unless authorized by Congress in response to a national emergency.</p>

tv_txt: I 117th CONGRESS 2d Session H. R. 7996 IN THE HOUSE OF REPRESENTATIVES June 9, 2022 Mr. Fallon introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To require congressional authorization for the drawdown and sale of petroleum products in the Strategic Petroleum Reserve, and for other purposes.

1. Short title This Act may be cited as the Strategic Petroleum Reserve Anti-Exploitation Act . 2. Drawdown and sale of petroleum products Section 161 of the Energy Policy and Conservation Act ( 42 U.S.C. 6241 ) is amended— (1) by striking subsection (d) and inserting the following: (d) Congressional authorization required The Secretary may not draw down and sell petroleum products in the Reserve unless the drawdown and sale is authorized by an Act of Congress or joint resolution in response to a national emergency. ; and (2) by repealing subsection (h).