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Bill > HR8766


US HR8766

US HR8766
REFINE Act Reserving Energy For Independence and Empowerment Act


summary

Introduced
09/02/2022
In Committee
09/06/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To require the Secretary of Energy to conduct studies relat- ing to Strategic Petroleum Reserve levels, to amend the Energy Policy and Conservation Act with respect to such Reserve, and for other purposes.

AI Summary

This bill, the Reserving Energy For Independence and Empowerment (REFINE) Act, aims to address the Strategic Petroleum Reserve (SPR) levels and domestic energy production. It requires the Secretary of Energy to conduct studies on metrics for determining SPR adequacy, refining capacity, and ways to accelerate SPR replenishment. The bill also prohibits exporting SPR-drawn petroleum products to certain countries and entities, including China. Additionally, it requires the Secretary to develop a plan to increase federal land leased for oil and gas production before executing SPR drawdowns, except in severe energy supply interruptions. Furthermore, the bill directs the President to rescind an executive order and instructs federal agencies to identify and repeal regulations that reduce U.S. energy independence, while issuing new regulations to reduce the regulatory burden and increase energy output from domestic producers.

Committee Categories

Agriculture and Natural Resources, Business and Industry, Transportation and Infrastructure

Sponsors (1)

Last Action

Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. (on 09/06/2022)

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