42 U.S.C. § 6234 — Strategic Petroleum Reserve
submitted 51 years ago by Pub. L. 94-163 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 166 words · no verdicts yet
This section creates a Strategic Petroleum Reserve capable of storing up to 1 billion barrels and gives the Secretary authority over it. Former subsections (c) through (e) are repealed, and drawdowns are limited to section 6241 purposes.
(a) Establishment. This part creates a Strategic Petroleum Reserve* for up to 1 billion barrels of petroleum products.
(b) Secretary’s authority. Consistent with this part, the Secretary* controls development, operation, and maintenance of the Reserve*.
(c) through (e) Repealed. These subsections were repealed by the cited 2000 law.
(f) Drawdown and storage funding. (1) Petroleum products may be withdrawn and distributed from the Reserve only under section 6241. Withdrawal or distribution for any other purpose is prohibited. (2) In the annual budget submission, the Secretary must request money to acquire, transport, and inject petroleum products for storage. If no request is made, the Secretary must give a written explanation.
A Strategic Petroleum Reserve* for the storage of up to 1 billion barrels of petroleum products shall be created pursuant to this part.
The Secretary, in accordance with this part, shall exercise authority over the development, operation, and maintenance of the Reserve*.
The drawdown and distribution of petroleum products from the Strategic Petroleum Reserve is authorized only under section 6241 of this title, and drawdown and distribution of petroleum products for purposes other than those described in section 6241 of this title shall be prohibited.
In the Secretary’s annual budget submission, the Secretary shall request funds for acquisition, transportation, and injection of petroleum products for storage in the Reserve. If no requests for funds are made, the Secretary shall provide a written explanation of the reason therefore.
Source credit: (Pub. L. 94–163, title I, § 154, Dec. 22, 1975, 89 Stat. 882; Pub. L. 95–619, title VI, § 691(b)(2), Nov. 9, 1978, 92 Stat. 3288; Pub. L. 102–486, title XIV, § 1402, Oct. 24, 1992, 106 Stat. 2994; Pub. L. 105–177, § 1(6), June 1, 1998, 112 Stat. 106; Pub. L. 106–469, title I, § 103(7), Nov. 9, 2000, 114 Stat. 2030.)
- 1975Enacted · Pub. L. 94-163 · 89 Stat. 882
- 1978Amended · Pub. L. 95-619 · 92 Stat. 3288
- 1992Amended · Pub. L. 102-486 · 106 Stat. 2994
- 1998Amended · Pub. L. 105-177 · 112 Stat. 106
- 2000Amended · Pub. L. 106-469 · 114 Stat. 2030
A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-163 on 1975-12-22.
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