Strategic Petroleum Reserve definition

Strategic Petroleum Reserve. (SPR) means that DOE program established by Title I, Part B, of the Energy Policy and Conservation Act, 42 U.S.C. Section 6201, et seq.

Strategic Petroleum Reserve means petroleum stocks maintained by the United States government for use during periods of major supply interruption established pursuant to 42 U.S.C. § 6234.

Examples of Strategic Petroleum Reserve in a sentence

• Currently, Oak Ridge Office, Office of Scientific and Technical Information (OSTI), Strategic Petroleum Reserve Office (SPRO), Savannah River Site, Environmental Management Consolidated Business Center (Ohio), Idaho Office, Richland Office/Office of River Protection, and Golden Field Office utilize the BEARS application.

• The term ‘‘offering’’ means a solicitation for bids for a quantity or quantities of petro- leum product from the Strategic Petroleum Reserve as specified in the notice of sale.

• Notwithstanding any other provision of this subchapter, the Secretary, by lease or other- wise, for any term and under such other condi- tions as the Secretary considers necessary or ap- propriate, may store in underutilized Strategic Petroleum Reserve facilities petroleum product 1 owned by a foreign government or its represent- ative.

• The Secretary shall ensure that agreements to store petroleum products for foreign govern- ments or their representatives do not impair the ability of the United States to withdraw, dis- tribute, or sell petroleum products from the Strategic Petroleum Reserve in response to an energy emergency or to the obligations of the United States under the Agreement on an Inter- national Energy Program.

• In addition, cop- ies of deeds and related papers in acqui- sitions for the Strategic Petroleum Re- serve Program of the Department of Energy will be forwarded to: Depart- ment of Energy, Strategic Petroleum Reserve Project Management Office, 900 Commerce Road East, New Orleans, Louisiana 70123.

• A Strategic Petroleum Reserve for the storage of up to 1 billion barrels of petroleum products shall be created pursuant to this part.

• The Standard Sales Provisions shall be reviewed on a continuous basis and republished on the Department of Energy Strategic Petroleum Reserve website.

• The Strategic Petroleum Reserve (SPR) is a crude oil stockpile, managed by the Department of Energy (DOE).

• At the request of the Governor of an insular area, the Secretary shall, for a period not to exceed 180 days following a drawdown of the Strategic Petroleum Reserve, assist the insu- lar area or the President of a Freely Associ- ated State in its efforts to maintain adequate supplies of petroleum products from tradi- tional and nontraditional suppliers.(Pub.

• Strategic Petroleum Reserve test drawdown and sale notification and definition change.