1. Short title
This Act may be cited as the “Strategic Petroleum Supplies Act”.
Strategic Petroleum Supplies Act
A BILL
To suspend sales of petroleum products from the Strategic Petroleum Reserve until certain conditions are met.
2. Limitation on sales from the Strategic Petroleum Reserve
In general— Except as provided in subsection (b), the Administration shall not authorize a sale of petroleum products from the Strategic Petroleum Reserve established under part B of title I of the Energy Policy and Conservation Act (42 U.S.C. 6231 et seq.) until the date on which all permits necessary under Executive Order 13337 (3 U.S.C. 301 note; relating to issuance of permits with respect to certain energy-related facilities and land transportation crossings on the international boundaries of the United States) for the Keystone XL pipeline project application filed on September 19, 2008 (including amendments) have been issued.
Exception— Subsection (a) shall not affect any obligations of the United States under the international energy program.