S. 2100 (112th): Strategic Petroleum Supplies Act

112th Congress, 2011–2013. Text as of Feb 13, 2012 (Introduced).

Status & Summary | PDF | Source: GPO

II

112th CONGRESS

2d Session

S. 2100

IN THE SENATE OF THE UNITED STATES

February 13, 2012

(for himself, Mr. Hoeven, and Mr. Lugar) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources

A BILL

To suspend sales of petroleum products from the Strategic Petroleum Reserve until certain conditions are met.

1.

Short title

This Act may be cited as the Strategic Petroleum Supplies Act.

2.

Limitation on sales from the Strategic Petroleum Reserve

(a)

In general

Except as provided in subsection (b), the Administration shall not authorize a sale of petroleum products from the Strategic Petroleum Reserve established under part B of title I of the Energy Policy and Conservation Act (42 U.S.C. 6231 et seq.) until the date on which all permits necessary under Executive Order 13337 (3 U.S.C. 301 note; relating to issuance of permits with respect to certain energy-related facilities and land transportation crossings on the international boundaries of the United States) for the Keystone XL pipeline project application filed on September 19, 2008 (including amendments) have been issued.

(b)

Exception

Subsection (a) shall not affect any obligations of the United States under the international energy program.