3.0.0 1420 2023-01-11T13:31:05Z 2023-01-11T13:31:05Z Senate S 2015-05-21 114 sseg00 Energy and Natural Resources Committee Senate Standing Hearings by 2015-06-09T14:08:34Z Referred to 2015-05-21T16:59:11Z North American Energy Security and Infrastructure Act of 2016 114 2012 S 2016-09-08 Conference held. 14:37:58 Related bill CRS American Energy Innovation Act 114 2089 S 2015-09-29 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 241. Related bill CRS 2015-06-09 sseg00 Energy and Natural Resources Committee Senate Committee on Energy and Natural Resources. Hearings held. Committee 2015-05-21 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2015-05-21 Introduced in Senate IntroReferral 10000 9 Library of Congress C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA N Energy Commodities markets Congressional oversight Department of Energy Energy prices Energy storage, supplies, demand Executive agency funding and structure Government information and archives Government studies and investigations Oil and gas Energy 00 2015-05-21 Introduced in Senate 2015-09-22T18:55:43Z Energy Markets Act of 2015

This bill amends the Department of Energy Organization Act to direct the Energy Information Administration (EIA) of the Department of Energy to develop and implement a plan to collect, in cooperation with the Commodity Futures Trade Commission, information identifying all oil inventories and other physical oil assets owned by the 50 largest traders of oil contracts (including derivative contracts).

The EIA shall also collect, and update annually, information quantifying the commercial storage capacity for oil and natural gas in the United States.

A Financial Market Analysis Office is established in the EIA to analyze the financial aspects of energy markets.

A Working Group on Energy Markets is also established to:

  • investigate the effect of increased financial investment in energy commodities on energy prices and the energy security of the United States,
  • recommend to the President and Congress laws to prevent excessive speculation in energy commodity markets in order to prevent or minimize the adverse impact of excessive speculation on energy prices, and
  • review energy security implications of developments in international energy markets.

The Working Group shall also: (1) identify the factors that affect crude oil and refined petroleum products prices; and (2) review and assess existing statutory authorities for the regulation of markets critical to U.S. energy security, as well as the need for additional authority to regulate markets critical to it.

]]> Energy Markets Act of 2015 Display Title Energy Markets Act of 2015 Official Title as Introduced A bill to amend the Department of Energy Organization Act to provide for the collection of information on critical energy supplies, to establish a Working Group on Energy Markets, and for other purposes. Introduced in Senate IS Short Titles as Introduced Energy Markets Act of 2015 Introduced in Senate 2015-05-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1420is/xml/BILLS-114s1420is.xml 2015-06-09 Committee on Energy and Natural Resources. Hearings held. 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.