Authority
1
Protection of facilities
All agreements entered into pursuant to subsection (a) shall contain provisions providing for fees to fully compensate the United States for all related costs of storage and removals of petroleum products (including the proportionate cost of replacement facilities necessitated as a result of any withdrawals) incurred by the United States on behalf of the foreign government or its representative.
Access to stored oil
The Secretary shall ensure that agreements to store petroleum products for foreign governments or their representatives do not impair the ability of the United States to withdraw, distribute, 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 International Energy Program.
Availability of funds
Funds collected through the leasing of Strategic Petroleum Reserve facilities authorized by subsection (a) after , shall be used by the Secretary of Energy without further appropriation for the purchase of petroleum products for the Strategic Petroleum Reserve.
Pub. L. 94–163, title I, § 168Pub. L. 105–33, title IX, § 9303(a)111 Stat. 676(, as added , , .)
Editorial Notes
References in Text
Pub. L. 94–16389 Stat. 875This subchapter, referred to in subsec. (a), was in the original “this title”, meaning title I of , , , which is classified principally to this subchapter. For complete classification of title I to the Code, see Tables.