[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 3655 Introduced in Senate (IS)]
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118th CONGRESS
2nd Session
S. 3655
To prohibit a drawdown and sale of petroleum products from the
Strategic Petroleum Reserve if the President has withdrawn certain land
from oil and gas leasing, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
January 24, 2024
Mr. Budd (for himself, Mr. Sullivan, Mr. Ricketts, Mr. Schmitt, and Mr.
Braun) introduced the following bill; which was read twice and referred
to the Committee on Energy and Natural Resources
_______________________________________________________________________
A BILL
To prohibit a drawdown and sale of petroleum products from the
Strategic Petroleum Reserve if the President has withdrawn certain land
from oil and gas leasing, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Strategically Lowering Gas Prices
Act''.
SEC. 2. DRAWDOWN AND SALE OF PETROLEUM PRODUCTS.
Section 161 of the Energy Policy and Conservation Act (42 U.S.C.
6241) is amended by adding at the end the following:
``(k) Effect of Withdrawal of Lands.--
``(1) Withdrawal by the president.--
``(A) In general.--Notwithstanding subsections (d)
and (h), the Secretary may not draw down and sell
petroleum products from the Reserve pursuant to a
finding made by the President under this section if the
President, the Secretary of the Interior, or the
Secretary of Agriculture, as determined by the
Inspector General of the Department of the Interior,
has withdrawn land after the date of enactment of this
subsection that is subject to disposition under any of
the mineral leasing laws from oil and gas leasing.
``(B) Timeline.--The Inspector General of the
Department of the Interior shall--
``(i) make a determination required under
subparagraph (A) not later than 30 days after
the President, the Secretary of the Interior,
or the Secretary of Agriculture has withdrawn
land after the date of enactment of this
subsection that is subject to disposition under
any of the mineral leasing laws from oil and
gas leasing; and
``(ii) publish the determination required
under subparagraph (A) in the Federal Register.
``(2) Withdrawal by statute.--For purposes of paragraph
(1), a withdrawal of land from oil and gas leasing provided by
an Act of Congress shall not be considered a withdrawal by the
President.
``(3) Exception.--Paragraph (1) shall not apply with
respect to a drawdown and sale that is required by a severe
energy supply interruption that, as determined by the
Secretary, was caused by--
``(A) an act of sabotage;
``(B) an act of war;
``(C) an act of terrorism; or
``(D) an act of God.''.
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