42 U.S.C. § 6247
SPR Petroleum Account
United States · Title 42 — THE PUBLIC HEALTH AND WELFARE · Status: effective
Cite this
- Citation
- 42 U.S.C. § 6247, SPR Petroleum Account, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/480644
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Full text
The Secretary of the Treasury shall establish in the Treasury of the United States an account to be known as the “SPR Petroleum Account” (hereinafter in this section referred to as the “Account”).
Amounts in the Account may be obligated by the Secretary of Energy for the acquisition, transportation, and injection of petroleum products into the Strategic Petroleum Reserve, for test sales of petroleum products from the Reserve, and for the drawdown, sale, and delivery of petroleum products from the Reserve—
The Secretary of the Treasury shall provide and deposit into the Account such sums as may be necessary to meet obligations of the Secretary of Energy under subsection (b).
The Account, the deposits and withdrawals from the Account, and the transactions, receipts, obligations, outlays associated with such deposits and withdrawals (including petroleum product purchases and related transactions), and receipts to the United States from the sale of petroleum products in any drawdown and distribution of the Strategic Petroleum Reserve under section 6241 of this title, including a drawdown and distribution carried out under subsection (g) of such section, and from the sale of petroleum products under section 6240(f) of this title—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Energy Policy and Conservation ActHouse: no recorded tallySenate: no recorded tally
- Omnibus Budget Reconciliation Act of 1981House: no recorded tallySenate: no recorded tally
- Energy Emergency Preparedness Act of 1982House: no recorded tallySenate: no recorded tally
- Energy Policy and Conservation Amendments Act of 1985House: no recorded tallySenate: no recorded tally
- Energy Policy and Conservation Act Amendments of 1990House: 391–0Senate: no recorded tally
- Energy Policy Act of 1992
- Energy Act of 2000House: no recorded tallySenate: no recorded tally