HR 4404 · 97th Congress · Energy

A bill to provide that petroleum company overcharges paid to the United States shall be available for completing the Strategic Petroleum Reserve.

Introduced 1981-08-04· Sponsored by Rep. Ritter, Don [R-PA-15]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Fossil and Synthetic Fuels.(1981-08-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Department of Energy Organization Act and the Energy Policy and Conservation Act to require that petroleum company overcharges, paid to the United States, be used to complete the Strategic Petroleum Reserve. Provides for initial good-faith efforts to refund such amounts to original purchasers. Permits payment either by cash or by in-kind transfers of petroleum products. Requires the Secretary of Energy to study and report to the President and the Congress on the final Strategic Storage Level.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

6 Democrats13 Republicans1 Independent