H.R. 10262
Requires a report on modernizing the oil reserve
Asks the Energy Secretary to have the National Petroleum Council study how to update the government's emergency oil stockpile and send the findings to Congress within a year.
- The Energy Secretary must ask for the study within 90 days of the law passing
- The report is due to the Energy Secretary and Congress one year after that request
- It would look at adding more locations, storing refined fuels, and enlarging the reserve
- It would also review ending required sales from the reserve and a past expansion project
In committee