Aligns priorities and investments for the Strategic Petroleum Reserve.
The bill amends the Energy Policy and Conservation Act to align priorities and investments relating to the Strategic Petroleum Reserve. It repeals certain drawdown and sale requirements, updates reporting requirements, and mandates a long-range strategic review and proposed action plan by the Secretary of Energy. The review assesses the Reserve's roles, adequacy of legal authorities, configuration, performance capabilities, and resources needed for sustainability.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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