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United States · Bill · S

S. 2668 (96th)

Strategic Petroleum Reserve Amendments of 1980

referredUnited States· United States Congress· EN

Introduced

6 May 1980

Last action

—

Status

Referred to Senate Committee on Energy and Natural Resources.

Sponsors

—

Subjects

Discovery layer

Source updated

24 March 2026

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Summary

Strategic Petroleum Reserve Amendments of 1980 - Amends the Energy Policy and Conservation Act to require major importers of crude oil to annually contribute to the Strategic Petroleum Reserve five times the average daily amount of crude oil imported by such persons. Requires the Secretary of Energy to pay an annual fee to such importers. Authorizes the Secretary to permit such importers to remove amounts of crude oil on the commencement of distribution under the plan contained in the implemented Strategic Petroleum Reserve Plan. Requires the Secretary to pay importers (less the amount of the fee already paid) for crude oil distributed from the contributed amounts.

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1 official file

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