3.0.0 2927 2020-01-29T20:29:59Z 2020-01-29T20:29:59Z Senate S S 2008-04-28 110 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2008-04-28T22:56:11Z 2008-04-28 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2008-04-28 Introduced in Senate IntroReferral 10000 9 Library of Congress B001261 Sen. Barrasso, John [R-WY] John Barrasso R WY N B000611 Sen. Bond, Christopher S. [R-MO] CHRISTOPHER BOND R MO S. 2008-04-28 True B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2008-04-29 False Energy Armed Forces and National Security Congress Congressional oversight Congressional reporting requirements Diesel motor Energy prices Gasoline Petroleum reserves Strategic materials Energy 00 2008-04-28 Introduced in Senate 2008-07-29T20:11:03Z 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.

Instructs the Secretary to include at least 10% heavy crude oil in making any crude oil acquisitions for the SPR.

]]> Government Oil Acquisition Financial Accountability and Consumer Relief Act of 2008 Short Titles as Introduced Government Oil Acquisition Financial Accountability and Consumer Relief Act of 2008 Display Title Government Oil Acquisition Financial Accountability and Consumer Relief Act of 2008 Official Title as Introduced 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. Introduced in Senate 2008-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2927is/xml/BILLS-110s2927is.xml 2008-04-28 Read twice and referred to the Committee on Energy and Natural Resources. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.