HR 6314 · 112th Congress · Energy
American Energy Independence and Domestic Refining Capacity Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Energy and Power.(2012-08-03)
Plain Language Summary
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American Energy Independence and Domestic Refining Capacity Act - Establishes the Commission on Energy Independence and Domestic Refining Capacity, which shall, at the request of the President, conduct a study to determine whether the consolidation or closing of a refinery will result in an adverse decline in the nation's domestic refining capacity. Requires that such study examine: (1) the state of the domestic refining industry, including the effect of the consolidation or refinery closure on overall production, domestic economic growth, and national gas prices; (2) the possibilities for the federal government to form public-private partnerships that would lead to increased domestic refining capacity; (3) the potential positive and adverse consequences of federal partnerships and incentives on growth within the industry; (4) the potential benefits of reinvesting a portion of revenues from public-private partnerships into energy related science, technology, engineering, and mathematics education, and seeding future federally funded energy research; and (5) the types of federal incentives that could be used to maintain domestic refining capacity. Requires the Commission to report t…
Summarized by Claude AI · Non-partisan · For informational purposes only