Consumer Energy Supply Act of 2008

Summary

Consumer Energy Supply Act of 2008 - Instructs the Secretary of Energy to publish a plan to: (1) sell prescribed amounts of light grade petroleum from the Strategic Petroleum Reserve (SPR) and acquire an equivalent volume of heavy grade petroleum; (2) deposit cash proceeds from those sales into the SPR Petroleum Account; and (3) withdraw from such proceeds the administrative and operational costs of the sale and acquisition. Requires an offer for sale of 70 million barrels of light grade petroleum from the SPR. Requires the sale to: (1) commence within 30 days after enactment of this Act, regardless of whether the Secretary's plan has been published; and (2) be completed within six months after enactment, with at least 20 million barrels offered for sale within the first 60 days after enactment. Sets forth an acquisitions schedule for heavy grade petroleum to replace the light grade petroleum sold under this Act. Encourages the Secretary to grant requests to defer scheduled deliveries of petroleum to the SPR if deferral will result in a premium paid in additional barrels of oil which will reduce the cost of oil acquisition and increase the volume of oil delivered to the SPR or yield additional cash bonuses.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 23 July 2008

   Introduced

   Referred to the House Committee on Energy and Commerce.

   Source: IntroReferral

2. 23 July 2008

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 July 2008

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 July 2008

   Vote

   On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 268 - 157 (Roll no. 527). (consideration: CR H7092-7093)

   Source: Floor

5. 24 July 2008

   Vote

   Failed of passage/not agreed to in House: On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 268 - 157 (Roll no. 527).(consideration: CR H7092-7093)

   Source: Floor

6. 24 July 2008

   Floor

   DEBATE - The House proceeded with forty minutes of debate on H.R. 6578.

   Source: Floor

7. 24 July 2008

   Floor

   Considered under suspension of the rules. (consideration: CR H7079-7093; text of measure as introduced: CR H7079-7080)

   Source: Floor

8. 24 July 2008

   Floor

   Mr. Barrow moved to suspend the rules and pass the bill, as amended.

   Source: Floor

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 July 2008 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 July 2008

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 July 2008

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 23 July 2008

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

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Sponsors

• Rep. Lampson, Nick [D-TX-22] · D · Sponsor
• Sen. Markey, Edward J. [D-MA] · D · Sponsor
• Sen. Van Hollen, Chris [D-MD] · D · Cosponsor
• Rep. Capps, Lois [D-CA-24] · D · Cosponsor
• Rep. Barrow, John [D-GA-12] · D · Cosponsor
• Rep. Kagen, Steve [D-WI-8] · D · Cosponsor
• Rep. Wilson, Charles A. [D-OH-6] · D · Cosponsor
• Rep. Shays, Christopher [R-CT-4] · R · Cosponsor
• Rep. Hall, John J. [D-NY-19] · D · Cosponsor
• Rep. Emanuel, Rahm [D-IL-5] · D · Cosponsor
• Rep. Wexler, Robert [D-FL-19] · D · Cosponsor
• Rep. Green, Gene [D-TX-29] · D · Cosponsor
• Rep. Doyle, Michael F. [D-PA-14] · D · Cosponsor
• · hsif00 · Standing

Related records

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