Strategic Petroleum Reserve Amendments of 1989
PL 101-46 (S.694), enacted 06/30/1989

103 STAT. 132 
PUBLIC LAW 101-46—JUNE 30, 1989 
Public Law 101-46 
101st Congress 
.. 
An Act 
June 30, 1989 
[S. 694] 
To extend title I of 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. EXTENSION. 
Title I of the Energy Policy and Conservation Act (42 U.S.C. 6211 
et seq.) is amended— 
42 use 6251. 
(1) in section 171, by striking out "June 30, 1989" each place it 
appears and inserting in lieu thereof "April 1, 1990"; and 
50 use app. 
(2) in section 104(bXl), by striking out "June 30, 1989" and 
2071 notes. 
inserting in lieu thereof "April 1,1990". 
42 use 6240 
SEC. 2. STUDY AND REPORT ON OIL LEASING AND OTHER ARRANGE-
note. 
MENTS TO FILL SPR TO ONE BILLION BARRELS. 
(a) IN GENERAL.—The Secretary of Energy shall carry out a study 
on potential financial arrangements (including long-term leasing of 
crude oil and storage facilities) that could be used to provide addi-
tional, alternative means of financing the filling of the Strategic 
Petroleum Reserve to one billion barrels. In carrying out such study, 
the Secretary shall— 
(1) assume that the legislation that extends title I of the 
Energy Policy and Conservation Act beyond April 1, 1990, will 
require the Secretary to amend, by July 1, 1990, the Strategic 
Petroleum Reserve Plan to provide plans for completion of 
storage of one billion barrels of petroleum products in the 
Reserve at an average fill-rate of at least seventy-five thousand 
barrels per day; 
(2) consider a broad array of such arrangements; 
(3) consult with persons in the private sector who might be 
interested in leasing crude oil or storage facilities; 
(4) initiate, in cooperation with the Department of State, to 
the extent consistent with the interests of the United States, 
discussions with representatives of foreign governments and 
other entities as to the types of financial arrangements (includ-
ing crude oil leasing arrangements) that would interest them; 
and 
(5) produce preliminary written solicitations for proposed 
alternative financial arrangements (including long-term leasing 
of crude oil and storage facilities) to assist in filling the Strate-
gic Petroleum Reserve to one billion barrels. 
(b) REPORTS.—(1) The Secretary shall, no later than October 15, 
1989, transmit to the Committee on Energy and Natural Resources 
of the Senate and the Committee on Energy and Commerce of the 
House of Representatives an interim report containing— 
(A) an enumeration of the specific resources (both personnel 
and funding) committed to the study described in subsection (a); 
^, 
(B) a description of the progress made toward completing the 
study; and 
PUBLIC LAW 101-46—JUNE 30, 1989 
103 STAT. 133 
(C) any preliminary findings and conclusions made by such 
date. 
(2) The Secretary shall, no later than February 1, 1990, transmit 
to such committees a copy of the solicitations described in paragraph 
(5) of subsection (a) and a final report containing the findings and 
conclusions of the study carried out under this section, together with 
a draft of the legislative changes that would be necessary to au-
thorize the most significant alternative financial arrangements 
studied by the Secretary (including long-term leasing of crude oil 
and storage facilities) and recommendations of the Secretary with 
respect to the need for and desirability of such financial arrange-
ments (including long-term leasing of crude oil and storage 
facilities). 
(c) ENFORCEMENT.—Notwithstanding any other provision of law, 
no portion of the United States share of crude oil in Naval Petro-
leum Reserve Numbered 1 (Elk Hills) may be sold or otherwise 
disposed of pursuant to any contract or other agreement entered 
into or extended on or after February 1, 1990, other than to the 
Strategic Petroleum Reserve (either directly or by exchange) until 
the Secretary of Energy has transmitted the solicitations and the 
final report described in subsection 03)(2) (including the legislative 
changes and recommendations described in such subsection) to the 
committees described in subsection (bXD. except for the purposes 
provided in section 160(dX2) of the Energy Policy and Conservation 
Act. 
Approved June 30, 1989. 
LEGISLATIVE HISTORY—S. 694 (H.R. 2539): 
HOUSE REPORTS: No. 101-86 accompanying H.R. 2539 (Comm. on Energy and 
Commerce). 
SENATE REPORTS: No. 101-33 (Comm. on Energy and Natural Resources). 
CONGRESSIONAL RECORD, Vol. 135 (1989): 
May 31, considered and passed Senate. 
June 20, H.R. 2539 considered and passed House; proceedings vacated and 
S. 694, amended, passed in lieu. 
June 23, Senate concurred in House amendment with an amendment. 
June 28, House concurred in Senate amendment.