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H.R.6035 / 110th Congress

To authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil, and for other purposes.

Referred to the Subcommittee on Energy and Air Quality.

Official summary

Version 00 · Introduced in House · May 13, 2008

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.

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Who introduced it

Rep. Courtney, Joe [D-CT-2] · D–CT

Committees

  • Energy and Commerce Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the Subcommittee on Energy and Air Quality.

    2. Referred to the House Committee on Energy and Commerce.

    3. Introduced in House

    4. Introduced in House

    Bill text & related measures

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    Related bills identified by Congress.gov

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    Source last updated: Jan 15, 2025. Consult Congress.gov for the current record.

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