[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6022 Enrolled Bill (ENR)]

        H.R.6022

                       One Hundred Tenth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

          Begun and held at the City of Washington on Thursday,
            the third day of January, two thousand and eight


                                 An Act


 
  To suspend the acquisition of petroleum for the Strategic Petroleum 
                    Reserve, 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 ``Strategic Petroleum Reserve Fill 
Suspension and Consumer Protection Act of 2008''.
SEC. 2. SUSPENSION OF PETROLEUM ACQUISITION FOR STRATEGIC PETROLEUM 
RESERVE.
    (a) In General.--Except as provided in subsection (b) and 
notwithstanding any other provision of law, during the period beginning 
on the date of enactment of this Act and ending on December 31, 2008--
        (1) the Secretary of the Interior shall suspend acquisition of 
    petroleum for the Strategic Petroleum Reserve through the royalty-
    in-kind program; and
        (2) the Secretary of Energy shall suspend acquisition of 
    petroleum for the Strategic Petroleum Reserve through any 
    acquisition method.
    (b) Resumption in Calendar Year 2008.--During the period specified 
in subsection (a) but not earlier than 30 days after the date on which 
the President notifies Congress that the President has determined that 
the weighted average price of petroleum in the United States for the 
most recent 90-day period is $75 or less per barrel--
        (1) the Secretary of the Interior may resume acquisition of 
    petroleum for the Strategic Petroleum Reserve through the royalty-
    in-kind program; and
        (2) the Secretary of Energy may resume acquisition of petroleum 
    for the Strategic Petroleum Reserve through any acquisition method.
    (c) Existing Contracts.--
        (1) Department of the interior contracts.--In the case of any 
    royalty-in-kind oil scheduled to be delivered to the Department of 
    Energy for the Strategic Petroleum Reserve pursuant to a contract 
    entered into by the Secretary of Interior prior to, and in effect 
    on, the date of enactment of this Act, the Secretary of Energy 
    shall accept delivery of such oil.
        (2) Department of energy contracts.--In the case of any oil 
    scheduled to be delivered to the Strategic Petroleum Reserve 
    pursuant to a contract entered into by the Secretary of Energy 
    prior to, and in effect on, the date of enactment of this Act, the 
    Secretary shall, to the maximum extent practicable, negotiate a 
    deferral of the delivery of the oil in accordance with procedures 
    of the Department of Energy in effect on the date of enactment of 
    this Act for deferrals of oil.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.