[Congressional Record Volume 146, Number 128 (Friday, October 13, 2000)]
[Senate]
[Page S10586]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      STRATEGIC PETROLEUM RESERVE

  Mr. MURKOWSKI. Mr. President, I ask unanimous consent that a letter 
dated Oct. 11, 2000, to Secretary Richardson from myself be printed in 
the Record.
  There being no objection, the letter was ordered to be printed in the 
Record, as follows:

                                                      Committee on


                                 Energy and Natural Resources,

                                 Washington, DC, October 11, 2000.
     Hon. Bill Richardson,
     Secretary of Energy, U.S. Department of Energy, Washington, 
         DC.
       Dear Mr. Secretary: I am writing to request that the 
     Department provide the Committee the following information 
     with respect to the proposed exchange of 30 million barrels 
     of crude oil from the Strategic Petroleum Reserve:
       1. A list of the bidders for the SPR oil.
       2. For each bidder, the date on which their bid was 
     submitted, the amount of SPR oil they bid for and the bid 
     they made.
       3. For each winning bidder, the amount and type of SPR oil 
     they were awarded and the terms of the award.
       4. For each winning bidder, the assurance they provided 
     that they will be able to return oil to the SPR as is 
     required.
       5. Why DOE did not have any financial qualification for 
     bidders.
       6. For each losing bidder, the reasons why their bid was 
     not accepted.
       7. A list of all persons who the Department contacted to 
     inform them of the proposed exchange, and the means by which 
     such person was contacted.
       8. Provisions in the contracts that require heating oil to 
     be refined from the SPR oil.
       9. Provisions in the contracts that require heating oil 
     refined from the SPR oil to be delivered to the Northeast 
     market.
       10. Provisions in the contracts that prohibit the export of 
     the SPR oil or petroleum product refined from the SPR oil, 
     including export by exchange.
       Please provide the Committee with this information as soon 
     as possible, no later than 12:00 p.m., Monday, October 16, 
     2000. If you or your staff have any questions you may contact 
     Mr. Brian Malnak (224-4970).
           Sincerely,
                                               Frank H. Murkowski,
     Chairman.

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