H.R.6035: To authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil, and for other purposes.
|
Please upgrade your Flash Player Latest Update: Tuesday, October, 07th 2008
To authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil, and for other purposes. 5/13/2008--Introduced.
Instructs the Secretary of Energy to: (1) publish an announcement in the Federal Register, within 14 days after the end of any period of ten consecutive days during which the price of oil exceeds $90 per barrel, offering 50 million barrels of light crude oil from the Strategic Petroleum Reserve (SPR) in exchange for heavy crude oil; and (2) establish a schedule distributing exchanges over a period of two years. Sunsets the authority to enter into such exchange agreement one year after the date of enactment of this Act. Comment on Bill - Be the first to leave a comment!
|
![]() |
||||||||||||


























