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United States · Bill · S

S. 694 (100th)

Energy Security Act of 1987

Original

openUnited States· United States Congress· EN

Introduced

10 March 1987

Last action

25 March 1987 · Committee

Status

Committee on Finance. Hearings held. Hearings printed: S.Hrg. 100-171.

Sponsors

Sen. Bentsen, Lloyd M. [D-TX], Sen. Wallop, Malcolm [R-WY], Sen. Boren, David L. [D-OK], Sen. Pryor, David H. [D-AR], Sen. Domenici, Pete V. [R-NM], Rep. Breaux, John B. [D-LA-7], Sen. Melcher, John [D-MT], Sen. Simpson, Alan K. [R-WY], Sen. Bumpers, Dale [D-AR], Sen. Burdick, Quentin N. [D-ND], Sen. Stennis, John C. [D-MS], Rep. Baucus, Max [D-MT-1], Sen. Bingaman, Jeff [D-NM], Sen. Murkowski, Frank H. [R-AK], Sen. Dole, Robert J. [R-KS], Sen. Nickles, Don [R-OK], Rep. Wirth, Timothy [D-CO-2], Sen. McCain, John [R-AZ], Sen. Garn, E. J. (Jake) [R-UT], Rep. Simon, Paul [D-IL-24], Sen. Dixon, Alan J. [D-IL], Sen. Conrad, Kent [D-ND], Sen. Kassebaum, Nancy Landon [R-KS], Rep. Cochran, Thad [R-MS-4], Sen. Matsunaga, Spark M. [D-HI], Sen. Exon, J. James [D-NE]

Subjects

Energy

Source updated

28 August 2025

Energy

Summary

Energy Security Act of 1987 - Directs the President to establish a national oil import ceiling level beyond which foreign crude and oil product imports as a share of U.S. oil consumption shall not rise. Prohibits such ceiling level from exceeding 50 percent of U.S. crude and oil product consumption for any annual period. Requires the President to: (1) annually submit projections to the Congress regarding anticipated U.S. oil production, demand, and imports for the subsequent three years; (2) certify whether imports of crude oil and oil products will exceed domestic production; and (3) submit an Energy Production and Oil Security Policy to the Congress to prevent foreign oil dependence from exceeding the national oil import ceiling for any year in which foreign oil imports are projected to exceed such amount. Grants the Congress ten continuous session days to review such oil projections and to determine whether the ceiling level will be violated within three years. Authorizes the President's energy plan to include: (1) an oil import fee; (2) energy conservation actions; (3) expansion of the Strategic Petroleum Reserves; and (4) production incentives for domestic oil and gas.

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

Timeline

  1. 10 March 1987

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 10 March 1987

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 25 March 1987

    Committee

    Committee on Finance. Hearings held. Hearings printed: S.Hrg. 100-171.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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