42 U.S.C. § 6231 — Congressional finding and declaration of

Page 6665 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 6232 read as follows: ‘‘the extent and nature of any restric- tions or impediments to the development of such re- sources.’’ Subsec. (b). Pub. L. 109–58, § 364(a)(2), substituted ‘‘re- source’’ for ‘‘reserve’’ and ‘‘publicly’’ for ‘‘publically’’. Subsec. (d). Pub. L. 109–58, § 364(a)(3), added subsec. (d) and struck out heading and text of former subsec. (d). Text read as follows: ‘‘There are authorized to be ap- propriated such sums as may be necessary to imple- ment this section.’’ Statutory Notes and Related Subsidiaries CHANGE OF NAME Committee on Resources of House of Representatives changed to Committee on Natural Resources of House of Representatives by House Resolution No. 6, One Hun- dred Tenth Congress, Jan. 5, 2007. PART B—STRATEGIC PETROLEUM RESERVE § 6231. Congressional finding and declaration of policy (a) The Congress finds that the storage of sub- stantial quantities of petroleum products will diminish the vulnerability of the United States to the effects of a severe energy supply interrup- tion, and provide limited protection from the short-term consequences of interruptions in sup- plies of petroleum products. (b) It is the policy of the United States to pro- vide for the creation of a Strategic Petroleum Reserve for the storage of up to 1 billion barrels of petroleum products to reduce the impact of disruptions in supplies of petroleum products, to carry out obligations of the United States under the international energy program, and for other purposes as provided for in this chapter. (Pub. L. 94–163, title I, § 151, Dec. 22, 1975, 89 Stat. 881; Pub. L. 106–469, title I, § 103(4), Nov. 9, 2000, 114 Stat. 2029.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in subsec. (b), was in the original ‘‘this Act’’, meaning Pub. L. 94–163, Dec. 22, 1975, 89 Stat. 871, known as the Energy Policy and Con- servation Act. For complete classification of this Act to the Code, see Short Title note set out under section 6201 of this title and Tables. AMENDMENTS 2000—Subsec. (b). Pub. L. 106–469 amended subsec. (b) generally. Prior to amendment, subsec. (b) read as fol- lows: ‘‘It is hereby declared to be the policy of the United States to provide for the creation of a Strategic Petroleum Reserve for the storage of up to 1 billion barrels of petroleum products, but not less than 150 million barrels of petroleum products by the end of the 3-year period which begins on December 22, 1975, for the purpose of reducing the impact of disruptions in sup- plies of petroleum products or to carry out obligations of the United States under the international energy program. It is further declared to be the policy of the United States to provide for the creation of an Early Storage Reserve, as part of the Reserve, for the purpose of providing limited protection from the impact of near-term disruptions in supplies of petroleum prod- ucts or to carry out obligations of the United States under the international energy program.’’ Statutory Notes and Related Subsidiaries STUDY OF A STRATEGIC ETHANOL RESERVE Pub. L. 99–198, title XVII, § 1778, Dec. 23, 1985, 99 Stat. 1659, provided that: ‘‘(a) The Secretary of Agriculture shall conduct a study of the cost effectiveness, the economic benefits, and the feasibility of establishing, maintaining, and utilizing a Strategic Ethanol Reserve relative to the existing Strategic Petroleum Reserve. ‘‘(b) The study shall be completed within one year after the enactment of this section [Dec. 23, 1985] and shall include, among other considerations— ‘‘(1) the benefits and losses related to the U.S. econ- omy, farm income, employment, government com- modity programs, and the trade deficit of utilizing a Strategic Ethanol Reserve, as opposed to the Stra- tegic Petroleum Reserve; and ‘‘(2) the savings from storing ethanol as opposed to storing the amount of CCC-held grain necessary to produce the ethanol. ‘‘(c) If the study shows that the Strategic Ethanol Reserve is cost effective, beneficial to the U.S. econ- omy, and feasible in comparison with the Strategic Pe- troleum Reserve, the Secretary of Agriculture may es- tablish, maintain, and utilize a Strategic Ethanol Re- serve.’’ ADDITIONAL CONGRESSIONAL FINDINGS Pub. L. 97–35, title X, § 1032, Aug. 13, 1981, 95 Stat. 618, provided that: ‘‘The Congress finds that— ‘‘(1) the Strategic Petroleum Reserve should be con- sidered a national security asset; and ‘‘(2) enlarging the capacity and filling of the Stra- tegic Petroleum Reserve should be accelerated (to the extent technically and economically practicable) to take advantage of any increased availability of crude oil in the world market from time to time.’’ § 6232. 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 pe- troleum 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 prod- ucts 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 capa- ble of storing significant quantities of petro- leum products. (11) The term ‘‘Strategic Petroleum Re- serve’’ means petroleum products stored in storage facilities pursuant to this part.