42 U.S.C. § 6249
Contracting for petroleum product and facilities
United States · Title 42 — THE PUBLIC HEALTH AND WELFARE · Status: effective
Cite this
- Citation
- 42 U.S.C. § 6249, Contracting for petroleum product and facilities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/480648
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Full text
Subject to the other provisions of this part, the Secretary may contract—
The Secretary may enter into a contract for storage of petroleum product under subsection (a) only if—
The Secretary may store petroleum product pursuant to a contract entered into under subsection (a)(1) with or without charge or may pay a fee for its storage.
Contracts entered into under subsection (a) may be of such duration as the Secretary considers necessary or appropriate.
The Secretary may agree to binding arbitration of disputes under any contract entered into under subsection (a).
The Secretary may utilize such funds as are available in the SPR Petroleum Account to carry out the activities described in subsection (a), and may obligate and expend such funds to carry out such activities, in advance of the receipt of petroleum products.
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
- 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