Sec. 90002. STRATEGIC PETROLEUM RESERVE DRAWDOWN AND SALE
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## SEC. 90002 STRATEGIC PETROLEUM RESERVE DRAWDOWN AND SALE ###
(a)Drawdown and Sale **[**[42 U.S.C. 6241 note](/us/usc/t42/s6241)**]** ####
(1)In general 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 87,600,000 barrels of crude oil during the period of fiscal years 2028 through 2031. ####
(2)Timing Subject to paragraph
(1)and subsection (c)(1), in determining the timing of each drawdown and sale from the Strategic Petroleum Reserve during the period of fiscal years 2028 through 2031 under paragraph (1), to the maximum extent practicable, the Secretary shall maximize the financial return to the United States taxpayers. ####
(3)Deposit of amounts received from sale 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. ####
(4)SPR petroleum account The Secretary of the Treasury shall deposit in the SPR Petroleum Account established under section 167(a) of the Energy Policy and Conservation Act (42 U.S.C. 6247(a)) $43,500,000, to be used to carry out paragraph
(1)in accordance with section 167 of the Energy Policy and Conservation Act (42 U.S.C. 6247). ###
(b)Emergency Protection 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. ###
(c)Limitations ####
(1)In general The Secretary of Energy shall not draw down or conduct sales of crude oil under subsection
(a)after the date on which a total of $6,100,000,000 has been deposited in the general fund of the Treasury from sales authorized under that subsection. ####
(2)Minimum volume Section 161(h)(2) of the Energy Policy and Conservation Act (42 U.S.C. 6241(h)(2)) is amended by striking “340,000,000” each place it appears and inserting “252,400,000”.
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