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Strategic Production Response and Implementation Act

Source: Congress.gov  ·  538 words in original text
This bill requires the federal government to create a plan to increase oil and gas leasing on federal lands before removing petroleum from the Strategic Petroleum Reserve (a government stockpile of oil kept for emergencies). The increase in leasing must match the percentage of oil being removed from the reserve. The bill limits how much federal land can be newly leased for oil and gas production.
The federal government agencies that manage federal lands: the Secretary of Agriculture, the Secretary of Energy, the Secretary of the Interior, and the Secretary of Defense. The plan development directly impacts these agencies' operations.
• Before the government can remove oil from the Strategic Petroleum Reserve for the first time after this law passes (except during a severe energy supply interruption), it must first create and put into place a plan to increase oil and gas leasing on federal lands (Sec. 2(k)(1)). • The percentage increase in federal land leased for oil and gas production must equal the same percentage of oil being removed from the Strategic Petroleum Reserve (Sec. 2(k)(1)). • The total increase in federal lands leased for oil and gas production cannot exceed 10 percent (Sec. 2(k)(2)). • The Secretary of Energy must develop this plan in consultation with the Secretary of Agriculture, the Secretary of the Interior, and the Secretary of Defense (Sec. 2(k)(3)).
The law amends the Energy Policy and Conservation Act to add new rules about when and how the Strategic Petroleum Reserve can be used. The government cannot draw down the reserve without first creating a matching plan to lease more federal lands for oil and gas production, with a maximum 10 percent increase limit.
None defined in the bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.