H.R. 1914 (112th): Gas Price Stabilization Act of 2011

Introduced:
May 13, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Henry Cuellar [D-TX28]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on May 13, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced May 13, 2011
Referred to Committee May 13, 2011
Cosponsors
none
Committees

House Energy and Commerce

The committee chair determines whether a bill will move past the committee stage.

Full Title

To provide for the sale of light grade petroleum from the Strategic Petroleum Reserve and its replacement with heavy grade petroleum.

Summary

No summaries available.

Text

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Last updated May 13, 2011.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

5/13/2011--Introduced.
Gas Price Stabilization Act of 2011 - Directs the Secretary of Energy to publish a plan to:
(1) sell light grade petroleum from the Strategic Petroleum Reserve (SPR) and acquire an equivalent volume of heavy grade petroleum,
(2) deposit the cash proceeds from such sales into the SPR Petroleum Account established under the Energy Policy and Conservation Act, and
(3) withdraw from such cash proceeds the amount necessary to pay for the direct administrative and operational costs of the sale and acquisition.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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