A bill to increase the supply and lower the cost of petroleum by temporarily suspending the acquisition of petroleum for the Strategic Petroleum Reserve and to amend the Energy Policy and Conservation Act to include additional acquisition requirements for the Reserve.

50295 1209355200

false

1209355200

2927

198

110

412251

4/28/2008--Introduced.<br/>Government Oil Acquisition Financial Accountability and Consumer Relief Act of 2008 - Instructs the Secretary of Energy to suspend petroleum acquisition for the Strategic Petroleum Reserve (SPR). Authorizes the Secretary to resume petroleum acquisition for the SPR not earlier than 30 days after the date on which the Secretary notifies Congress that for the most recent consecutive four-week period: (1) the weighted average price of retail, regular, all formulations gasoline in the United States is $2.50 or less per gallon; or (2) the weighted average price of retail, No. 2 diesel in the United States is $2.75 or less per gallon. Amends the Energy Policy and Conservation Act to require that acquisitions made for the SPR reflect a steady monthly dollar value of oil.<br/>Instructs the Secretary to include at least 10% heavy crude oil in making any crude oil acquisitions for the SPR.<br/>

1209355200

2008-04-28

Fri Nov 07 18:18:47 -0600 2008

introduced

50295

'act':33 'bill':2 'cost':10 'addit':36 'amend':27 'lower':8 'energi':29 'includ':35 'polici':30 'requir':38 'reserv':24,41 'suppli':6 'conserv':32 'increas':4 'strateg':22 'suspend':15 'acquisit':17,37 'petroleum':12,19,23 'temporarili':14

58626

false

A bill to increase the supply and lower the cost of petroleum by temporarily suspending the acquisition of petroleum for the Strategic Petroleum Reserve and to amend the Energy Policy and Conservation Act to include additional acquisition requirements for the Reserve.

official

introduced

50295

'act':9 'oil':2 '2008':11 'consum':7 'govern':1 'relief':8 'account':5 'financi':4 'acquisit':3

59504

false

Government Oil Acquisition Financial Accountability and Consumer Relief Act of 2008

short

action

50295

1209355200 Mon Apr 28 00:00:00 -0500 2008 151456

Read twice and referred to the Committee on Energy and Natural Resources.

B001261 1952-07-21

2490

307 Dirksen Senate Office Building

http://barrasso.senate.gov/public/index.cfm?FuseAction=ContactUs.ContactForm

202-224-1724 John

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M 412251 Barrasso

John_Barrasso

A. Sen. John Barrasso [R, WY]

1268

N00006236

4244

Republican 202-224-6441 WY

Sen.

John Barrasso

3.53846153846154

http://barrasso.senate.gov

B000611 1939-03-06

4166

274 Russell Senate Office Building

http://bond.senate.gov/public/index.cfm?FuseAction=ContactUs.ContactForm

202-224-8149 Christopher

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M 300010 Bond

Christopher_S._Bond

S. Sen. Christopher Bond [R, MO]

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Kit N00005178

10202

Republican 202-224-5721 Presbyterian MO

Kit

Sen.

Christopher Bond

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http://bond.senate.gov/public/

CSBondMO

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6557

217 Russell Senate Office Building

http://burr.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm

202-228-2981 Richard

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M 400054 Burr

Richard_Burr

M. Sen. Richard Burr [R, NC]

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N00002221

11541

Republican 202-224-3154 Methodist NC

Sen.

Richard Burr

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http://burr.senate.gov/public/

senatorrichardburr

action

50295

1209355200 Mon Apr 28 00:00:00 -0500 2008 151456

Read twice and referred to the Committee on Energy and Natural Resources.

introduced

50295

1209355200 Mon Apr 28 00:00:00 -0500 2008 151455