legislation: 99-hr-4843

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
99-hr-4843 99 hr 4843 A bill to amend the Energy Policy and Conservation Act for the purpose of improving national energy policy. Energy 1986-05-15 1986-08-29 Became Public Law No: 99-413. House Rep. Sharp, Philip R. [D-IN-2] IN D S000294 29 (Measure passed House, amended) Amends the Naval Petroleum Reserve Production Act to direct the Secretary of the Navy to establish a petroleum production rate from Naval Petroleum Reserves Numbered 1, 2, and 3 that is less than the maximum efficient rate if the Secretary determines that a specified minimum price cannot be attained for the Federal share of such petroleum. Establishes a minimum price threshold that is the higher of either: (1) 90 percent of the current sales price of comparable petroleum in the same area; or (2) the price of Strategic Petroleum Reserve oil minus the cost of transporting such oil from the Naval Reserve to the Strategic Petroleum Reserve. Reduces from 30 days to 15 days the period of Justice Department review of National Petroleum Reserve contracts for antitrust violations. Repeals the provision that the private owner of interests in Naval Petroleum Reserve Number 1 must agree with the Federal production rate for such Reserve. 2025-06-06T14:17:56Z  

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