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42 U.S.C. § 6234 — Definitions

Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 6234 — Definitions

As used in this part and part C: (1) Repealed. Pub. L. 106–469, title I, § 103(5)(A), Nov. 9, 2000, 114 Stat. 2029. (2) The term “importer” means any person who owns, at the first place of storage, any petroleum product imported into the United States. (3) Repealed. Pub. L. 106–469, title I, § 103(5)(A), Nov. 9, 2000, 114 Stat. 2029. (4) The term “interest in land” means any ownership or possessory right with respect to real property, including ownership in fee, an easement, a leasehold, and any subsurface or mineral rights. (5) The term “readily available inventories” means stocks and supplies of petroleum products which can be distributed or used without affecting the ability of the importer or refiner to operate at normal capacity; such term does not include minimum working inventories or other unavailable stocks. (6) The term “refiner” means any person who owns, operates, or controls the operation of any refinery. (7) Repealed. Pub. L. 106–469, title I, § 103(5)(A), Nov. 9, 2000, 114 Stat. 2029. (8) The term “related facility” means any necessary appurtenance to a storage facility, including pipelines, roadways, reservoirs, and salt brine lines. (9) The term “Reserve” means the Strategic Petroleum Reserve. (10) The term “storage facility” means any facility or geological formation which is capable of storing significant quantities of petroleum products. (11) The term “Strategic Petroleum Reserve” means petroleum products stored in storage facilities pursuant to this part.

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Source location: Title 42, Chapter 77, § 6234; chapter-077-energy-conservation.md

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 714b — General powers of Corporation

The Corporation— **(a)** Shall have succession in its corporate name. **(b)** May adopt, alter, and use a corporate seal, which shall be judicially noticed. **(c)** May sue and be sued, but no attachment, injunction, garnishment, or other similar process, mesne or final, shall be issued against the Corporation or its property. The district courts of the United States, including the district courts of any Territory or possession, shall have exclusive original jurisdiction, without regard to the amount in controversy, of all suits brought by or against the Corporation: Provided, That the Corporation may intervene in any court in any suit, action, or proceeding in which it has an interest. Any suit against the Corporation shall be brought in the District of Columbia, or in the district wherein the plaintiff resides or is engaged in business. No suit by or against the Corporation shall be allowed unless (1) it shall have been brought within six years after the right accrued on which suit is brought, or (2) in the event that the person bringing such suit shall have been under legal disability or beyond the seas at the time the right accrued, the suit shall have been brought within three years after the disability shall have ceased or within six years after the right accrued on which suit is brought, whichever period is longer. The defendant in any suit by or against the Corporation may plead, by way of set-off or counterclaim, any cause of action, whether arising out of the same transaction or not, which would otherwise be barred by such limitation if the claim upon which the defendant’s cause of action is based had not been barred prior to the date that the plaintiff’s cause of action arose: Provided, That the defendant shall not be awarded a judgment on any such set-off

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 6247 — Annual report

The Secretary shall report annually to the President and the Congress on actions taken to implement this part. This report shall include— (1) the status of the physical capacity of the Reserve and the type and quantity of petroleum products in the Reserve; (2) an estimate of the schedule and cost to complete planned equipment upgrade or capital investment in the Reserve, including upgrades and investments carried out as part of operational maintenance or extension of life activities; (3) an identification of any life-limiting conditions or operational problems at any Reserve facility, and proposed remedial actions including an estimate of the schedule and cost of implementing those remedial actions; (4) a description of current withdrawal and distribution rates and capabilities, and an identification of any operational or other limitations on those rates and capabilities; (5) a listing of petroleum product acquisitions made in the preceding year and planned in the following year, including quantity, price, and type of petroleum; (6) a summary of the actions taken to develop, operate, and maintain the Reserve; (7) a summary of the financial status and financial transactions of the Strategic Petroleum Reserve and Strategic Petroleum Reserve Petroleum Accounts for the year; (8) a summary of expenses for the year, and the number of Federal and contractor employees; (9) the status of contracts for development, operation, maintenance, distribution, and other activities related to the implementation of this part; (10) a summary of foreign oil storage agreements and their implementation status; (11) any recommendations for supplemental legislation or policy or operational changes the Secretary considers necessary or appropriate to implement this part.

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 6234 — Strategic Petroleum Reserve

Page 6666 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 6233 (Pub. L. 94–163, title I, § 152, Dec. 22, 1975, 89 Stat. 882; Pub. L. 101–383, § 6(a)(1), Sept. 15, 1990, 104 Stat. 729; Pub. L. 106–469, title I, § 103(5), Nov. 9, 2000, 114 Stat. 2029.) Editorial Notes AMENDMENTS 2000—Par. (1). Pub. L. 106–469, § 103(5)(A), struck out par. (1) which read as follows: ‘‘The term ‘Early Stor- age Reserve’ means that portion of the Strategic Petro- leum Reserve which consists of petroleum products stored pursuant to section 6235 of this title.’’ Par. (3). Pub. L. 106–469, § 103(5)(A), struck out par. (3) which read as follows: ‘‘The term ‘Industrial Petroleum Reserve’ means that portion of the Strategic Petro- leum Reserve which consists of petroleum products owned by importers or refiners and acquired, stored, or maintained pursuant to section 6236 of this title.’’ Par. (7). Pub. L. 106–469, § 103(5)(A), struck out par. (7) which read as follows: ‘‘The term ‘Regional Petroleum Reserve’ means that portion of the Strategic Petro- leum Reserve which consists of petroleum products stored pursuant to section 6237 of this title.’’ Par. (11). Pub. L. 106–469, § 103(5)(B), struck out ‘‘; such term includes the Industrial Petroleum Re- serve, the Early Storage Reserve, and the Regional Pe- troleum Reserve’’ before period at end. 1990—Pub. L. 101–383 inserted ‘‘and part C’’ after ‘‘this part’’. § 6233. Repealed. Pub. L. 106–469, title I, § 103(6), Nov. 9, 2000, 114 Stat. 2030 Section, Pub. L. 94–163, title I, § 153, Dec. 22, 1975, 89 Stat. 882; Pub. L. 95–619, title VI, § 691(b)(2), Nov. 9, 1978, 92 Stat. 3288, related to the Strategic Petroleum Re- serve Office. § 6234. Strategic Petroleum Reserve (a) Establishment A Strategic Petroleum Reserve for the storage of up

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