
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document affected by Public Law 106-469 Section 103(9)]
[CITE: 42USC6236]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
                     CHAPTER 77--ENERGY CONSERVATION
 
               SUBCHAPTER I--DOMESTIC SUPPLY AVAILABILITY
 
                   Part B--Strategic Petroleum Reserve
 
Sec. 6236. Industrial Petroleum Reserve


(a) Establishment

    The Secretary may establish an Industrial Petroleum Reserve as part 
of the Strategic Petroleum Reserve.

(b) Amounts of petroleum products required to be stored by importers and 
        refiners; exemption of products from tariff or import license 
        fee

    To implement the Early Storage Reserve Plan or the Strategic 
Petroleum Reserve Plan which has taken effect pursuant to section 
6239(a) of this title, the Secretary may require each importer of 
petroleum products and each refiner to (1) acquire, and (2) store and 
maintain in readily available inventories, petroleum products in amounts 
determined by the Secretary, except that the Secretary may not require 
any such importer or refiner to store such petroleum products in an 
amount greater than 3 percent of the amount imported or refined by such 
person, as the case may be, during the previous calendar year. Petroleum 
products imported and stored in the Industrial Petroleum Reserve shall 
be exempt from any tariff or import license fee.

(c) Implementation of section by Secretary

    The Secretary shall implement this section in a manner which is 
appropriate to the maintenance of an economically sound and competitive 
petroleum industry. The Secretary shall take such steps as are necessary 
to avoid inequitable economic impacts on refiners and importers, and he 
may grant relief to any refiner or importer who would otherwise incur 
special hardship, inequity, or unfair distribution of burdens as the 
result of any rule, regulation, or order promulgated under this section. 
Such relief may include full or partial exemption from any such rule, 
regulation, or order and the issuance of an order permitting such an 
importer or refiner to store petroleum products owned by such importer 
or refiner in surplus storage capacity owned by the United States.

(Pub. L. 94-163, title I, Sec. 156, Dec. 22, 1975, 89 Stat. 885; Pub. L. 
95-619, title VI, Sec. 691(b)(2), Nov. 9, 1978, 92 Stat. 3288.)


                               Amendments

    1978--Pub. L. 95-619 substituted ``Secretary'' for 
``Administrator'', meaning Administrator of the Federal Energy 
Administration, wherever appearing.

                  Section Referred to in Other Sections

    This section is referred to in sections 6232, 6235, 6239, 6240, 6241 
of this title.
