Strategic Petroleum Reserve Transparency Act

Strategic Petroleum Reserve Transparency Act

This bill directs the Department of Energy to report to Congress about any drawdown or sale of petroleum products from the Strategic Petroleum Reserve that occurs five months before a regularly scheduled federal general election. The report must provide the reason for such drawdown or sale.

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2759 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 2759

  To establish a special notice requirement for certain drawdowns or 
              sales from the Strategic Petroleum Reserve.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 20, 2023

  Mr. Huizenga (for himself and Mr. Donalds) introduced the following 
    bill; which was referred to the Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
  To establish a special notice requirement for certain drawdowns or 
              sales from the Strategic Petroleum Reserve.

    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 ``Strategic Petroleum Reserve 
Transparency Act''.

SEC. 2. STRATEGIC NOTICE REQUIREMENT.

    Section 161 of the Energy Policy and Conservation Act (42 U.S.C. 
6241) is amended by adding at the end the following:
    ``(k) Special Notice Requirement.--For any drawdown or sale of 
petroleum products from the Strategic Petroleum Reserve that occurs 
during the 5-month period immediately preceding a regularly scheduled 
Federal general election, the Secretary shall, concurrently with such 
drawdown or sale, submit in writing to Congress a report detailing the 
reason for such drawdown or sale.''.
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