[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 498 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 498

To direct the Minerals Management Service to accept royalty-in-kind oil 
    from the Gulf of Mexico to fill the Strategic Petroleum Reserve.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 2, 1999

Mr. Thornberry introduced the following bill; which was referred to the 
 Committee on Resources, and in addition to the Committee on Commerce, 
for a period to be subsequently determined by the Speaker, in each case 
for consideration of such provisions as fall within the jurisdiction of 
                        the committee concerned

_______________________________________________________________________

                                 A BILL


 
To direct the Minerals Management Service to accept royalty-in-kind oil 
    from the Gulf of Mexico to fill the Strategic Petroleum Reserve.

    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 ``Strategic Reserve Replenishment Act 
of 1999''.

SEC. 2. ROYALTY IN-KIND-OIL TO FILL THE STRATEGIC PETROLEUM RESERVE.

    Beginning not later than 45 days after the date of the enactment of 
this Act, the Director of the Minerals Management Service shall accept 
royalty-in-kind oil from the Gulf of Mexico at a rate of not less than 
100,000 barrels per day to fill the Strategic Petroleum Reserve, and 
shall continue accepting such oil until the Secretary of Energy 
certifies to Congress that the Strategic Petroleum Reserve is at its 
holding capacities.
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