,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #cghh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #ad1        
#bjag,mr4 ,pallone 7= himself1 ,mr4     
,k5n$y1 ,mr4 ,engel1 ,mr4 ,tonko1 ,mr4  
,wel*1 ,ms4 ,%ea-,port]1 ,mr4 ,m\lton1  
,mr4 ,capuano1 ,mr4 ,sires1 ,mr4 ,keat+1
 ,mr4 ,mi*ael ,f4 ,doyle ( ,p5nsylvania1
 ,ms4 ,ku/] ( ,new ,hamp%ire1 ,mr4      
,pascrell1 ,mr4 ,norcross1 ,mrs4 ,watson
 ,coleman1 ,mr4 ,payne1 & ,mr4          
,mc,govern7 introduc$ ! foll[+ bill2 :i*
 0 ref]r$ to ! ,committee on ,en]gy &   
,comm]ce  ,a ,,bill  ,to am5d ! ,en]gy  
,policy & ,cons]vation ,act to provide =
 a ,nor!a/ ,gasol9e ,supply ,res]ve1 & =
 o!r purposes4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,nor!a/ ,gasol9e   
,supply ,res]ve ,act4  #b4 ,nor!a/      
,gasol9e ,supply ,res]ve  7a7 ,nor!a/   
gasol9e supply res]ve ,title ,i ( !     
,en]gy ,policy & ,cons]vation ,act 7#db 
,u4,s4,c4 #fbja et seq47 is am5d$ by    
add+ at ! end ! foll[+3  ,e ,nor!a/     
,gasol9e ,supply ,res]ve  #aia4         

,def9itions ,9 ?is "p1 ! foll[+         
def9itions apply3 7#a7 ,ref9$ petroleum 
product ,! t]m ref9$ petroleum product  
means gasol9e & su* o!r products z !    
,secret>y det]m9es1 by rule1            
appropriate4  7#b7 ,res]ve ,! t]m       
,res]ve means ! ,nor!a/ ,gasol9e ,supply
 ,res]ve e/abli%$ "u ?is "p4  7#c7      
,nor!a/ ,! t]m ,nor!a/ means ! ,/ates ( 
,new ,j]sey1 ,new ,york1 ,v]mont1       
,p5nsylvania1 ,connecticut1 ,rhode      
,isl&1 ,massa*usetts1 ,ma9e1 ,new       
,hamp%ire1 & any o!r contigu\s ,/ate t !
 ,secret>y det]m9es appropriate4  #aib4 
,e/abli%m5t  7a7 ,9 g5]al ,! ,secret>y  
%all e/abli%1 ma9ta91 & op]ate 9 !      
,nor!a/ a ,nor!a/ ,gasol9e ,supply      
,res]ve1 :i* %all be a compon5t ( !     
,/rategic ,petroleum ,res]ve e/abli%$ "u
 "p ,b ( ?is title4  7b7 ,limitation ,a 
,res]ve e/abli%$ "u ?is "p %all conta9  
no m ?an #a million b>rels ( ref9$      
petroleum products4  7c7 ,application ( 
provisions ,except z o!rwise provid$ 9  
?is "p1 ! au?orities & requirem5ts ( "p 

,b ( ?is title %all apply to ! ,res]ve4 
#aic4 ,conditions = release2 plan  7a7  
,sale ( products ,! ,secret>y may sell  
ref9$ petroleum products f ! ,res]ve ^u 
a f9d+ by ! ,presid5t t !re exi/s1 or is
 likely to exi/ )9 ! next #cj days1 a   
sev]e en]gy supply int]ruption4 ,su* a  
f9d+ may be made only if ! ,presid5t    
det]m9es t--  7#a7 a dislocation 9 !    
ref9$ petroleum product m>ket has       
result$ or is likely to result f su*    
int]ruption2 or  7#b7 a circum/ance1 o!r
 ?an t describ$ 9 p>agraph 7#a71 exi/s t
 con/itutes a regional supply %ortage ( 
significant scope & duration & t action 
tak5 "u ?is section w\ld assi/ directly 
& significantly 9 r$uc+ ! adv]se impact 
( su* %ortage4  7b7 ,release ( petroleum
 ,aft] consultation ) pot5tially affect$
 p>ties1 ! ,secret>y %all det]m9e       
proc$ures gov]n+ ! release ( ref9$      
petroleum products f ! ,res]ve4 ,!      
proc$ures %all provide t--  7#a7 !      
,secret>y may-- 7,a7 sell ref9$         
petroleum products f ! ,res]ve ?r\gh a  

competitive process2 or  7,b7 ent] into 
ex*ange agreem5ts = ! ref9$ petroleum   
products t results 9 ! ,secret>y receiv+
 a great] volume ( su* products z       
repaym5t ?an ! volume provid$ to !      
acquir]2  7#b7 9 all sales or ex*anges  
describ$ 9 p>agraph 7#a71 ! ,secret>y   
%all receive rev5ue or its equival5t 9  
ref9$ petroleum products t provides !   
,dep>tm5t ) fair m>ket value2  7#c7 at  
no "t may ref9$ petroleum products be   
sold or ex*ang$ result+ 9 a loss (      
rev5ue or value to ! ,unit$ ,/ates2 &   
7#d7 ! ,secret>y %all only sell or      
dispose ( ref9$ petroleum products 9 !  
,res]ve to entities cu/om>ily engag$ 9 !
 sale & di/ribution ( su* products4  7c7
 ,plan ,n lat] ?an #fj days aft] ! date 
( ! enactm5t ( ?is section1 ! ,secret>y 
%all transmit to ! ,presid5t &1 if !    
,presid5t approves1 to ,congress a plan 
describ+--  7#a7 ! propos$ acquisition (
 /orage & relat$ facilities or /orage   
s]vices = ! ,res]ve1 includ+ ! pot5tial 
use ( /orage facilities n curr5tly 9    

use2  7#b7 ! propos$ acquisition ( ref9$
 petroleum products = /orage 9 !        
,res]ve2  7#c7 ! anticipat$ me?ods (    
disposition ( ref9$ petroleum products f
 ! ,res]ve2  7#d7 ! e/imat$ co/s (      
e/abli%m5t1 ma9t5ance1 & op]ation ( !   
,res]ve2  7#e7 ef=ts ! ,dep>tm5t w take 
to m9imize any pot5tial ne$ = future    
drawd[ns & ensure t di/ributors &       
import]s are n disc\rag$ f ma9ta9+ &    
increas+ supplies to ! ,nor!a/2 &  7#f7 
actions to be tak5 to ensure quality ( !
 ref9$ petroleum products 9 ! ,res]ve4  
#aid4 ,products = /orage 9 ! ,res]ve    
7a7 ,9 g5]al ,! ,secret>y may acquire1  
place 9 /orage1 transport1 or ex*ange   
ref9$ petroleum products acquir$ by     
pur*ase or ex*ange4  7b7 ,objectives ,! 
,secret>y %all1 to ! greate/ ext5t      
practicable1 acquire ref9$ petroleum    
products = ! ,res]ve 9 a mann] consonant
 ) ! foll[+ objectives3  7#a7           
,m9imization ( ! co/ ( ! ,res]ve4  7#b7 
,m9imization ( ! ,nation's vuln]ability 
to a sev]e en]gy supply int]ruption4    

7#c7 ,m9imization ( ! impact ( an       
acquisition ( ref9$ petroleum products  
on supply levels & m>ket =ces4  7#d7    
,enc\ragem5t ( competition 9 ! petroleum
 indu/ry4  7c7 ,proc$ures ,! ,secret>y  
%all develop1 ) public notice &         
opportunity = comm5t1 proc$ures consi/5t
 ) ! objectives ( ?is section to acquire
 ref9$ petroleum products = ! ,res]ve4  
,su* proc$ures %all take into acc\nt !  
ne$ to--  7#a7 maximize ov]all dome/ic  
supply ( ref9$ petroleum products       
7includ+ quantities /or$ 9 private      
sector inv5tories72  7#b7 avoid incurr+ 
excessive co/ or appreciably affect+ !  
price ( ref9$ petroleum products to     
consum]s2  7#c7 m9imize ! co/s to !     
,dep>tm5t ( ,en]gy 9 acquir+ su* ref9$  
petroleum products2  7#d7 protect       
national security2  7#e7 avoid adv]sely 
affect+ curr5t & futures prices1        
supplies1 & inv5tories ( ref9$ petroleum
 products2 &  7#f7 address su* o!r      
factors t ! ,secret>y det]m9es to be    
appropriate4  7d7 ,sev]e en]gy supply   

disruption ,if ! ,secret>y f9ds t a     
sev]e en]gy supply int]ruption may be   
imm95t1 ! ,secret>y may susp5d !        
acquisition ( ref9$ petroleum products =
 ! ,res]ve & may sell any ref9$         
petroleum product acquir$ =1 & 9 transit
 to1 ! ,res]ve4  4  7b7 ,te*nical &     
con=m+ am5dm5t ,! table ( sections =    
title ,i ( ! ,en]gy ,policy &           
,cons]vation ,act is am5d$ by /rik+ !   
items relat+ to ! second "p ,d1 includ+ 
section #aha ( su* "p1 & ins]t+ !       
foll[+3  ,"p ,e--,nor!a/ ,gasol9e       
,supply ,res]ve ,sec4 #aia4 ,def9itions4
 ,sec4 #aib4 ,e/abli%m5t4 ,sec4 #aic4   
,conditions = release2 plan4 ,sec4 #aid4
 ,products = /orage 9 ! ,res]ve4  4