Home Heating Oil Price Stability Act

Summary

Home Heating Oil Price Stability Act - Instructs the Secretary of Energy to immediately create a Heating Oil Reserve containing two million barrels of heating oil in leased storage facilities in the New York Harbor area and 4.7 million barrels in one of the four Strategic Petroleum Reserve (SPR) caverns on the coast of the Gulf of Mexico. Permits the Secretary to fill such Heating Oil Reserve by trading SPR crude oil for heating oil. Authorizes the President to immediately draw down the Heating Oil Reserve when domestic fuel oil prices rise sharply because of anticompetitive activity, during a fuel oil shortage, or during periods of extreme winter weather. Authorizes appropriations.

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Timeline

1. 9 February 2000

   Introduced

   Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S546)

   Source: IntroReferral

2. 9 February 2000

   Introduced

   Sponsor introductory remarks on measure. (CR S545, S546-547)

   Source: IntroReferral

3. 9 February 2000

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

• Introduced in Senate · 9 February 2000 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 9 February 2000

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 9 February 2000

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 9 February 2000

  Open at official source

Sponsors

• Rep. Dodd, Christopher J. [D-CT-2] · D · Sponsor
• Sen. Lieberman, Joseph I. [D-CT] · D · Sponsor
• Rep. Snowe, Olympia J. [R-ME-2] · R · Sponsor
• Rep. Jeffords, James M. [R-VT-At Large] · R · Sponsor
• Sen. Lautenberg, Frank R. [D-NJ] · D · Sponsor
• John Reed · D · Sponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Sponsor
• Rep. Torricelli, Robert G. [D-NJ-9] · D · Cosponsor
• · sseg00 · Standing

Related records

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