Sec. 20003. Strategic Petroleum Reserve drawdown and sale
172 words·~1 min read·
/bill/115/hr/1/unknown/section-20003A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding section 161 of the Energy Policy and Conservation Act ( 42 U.S.C. 6241 ), except as provided in subsections
(b)and (c), the Secretary of Energy shall draw down and sell from the Strategic Petroleum Reserve 7,000,000 barrels of crude oil during the period of fiscal years 2026 through 2027. Amounts received from a sale under paragraph
(1)shall be deposited in the general fund of the Treasury during the fiscal year in which the sale occurs. The Secretary of Energy shall not draw down and sell crude oil under subsection
(a)in a quantity that would limit the authority to sell petroleum products under subsection
(h)of section 161 of the Energy Policy and Conservation Act ( 42 U.S.C. 6241 ) in the full quantity authorized by that subsection. The Secretary of Energy shall not drawdown or conduct sales of crude oil under subsection
(a)after the date on which a total of $600,000,000 has been deposited in the general fund of the Treasury from sales authorized under that subsection.
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 20003
Strategic Petroleum Reserve drawdown and sale
Cites 1Cited by 0 across 0 sources