42 U.S.C. § 6245
Section 6245 · Annual report
Current version, with additions and removals from the December 21, 1995 version.
(1) a detailed statement of the status of the Strategic Petroleum Reserve, including—
(A) an estimate of the final capacity of the Reserve and the scheduled annual fill rate for achieving such capacity;
(B) the scheduled quarterly fill rate for the 12-month period beginning on the date on which such report is transmitted;
(C) the type and quality of crude oil to be acquired for the Reserve pursuant to the schedule described in subparagraph (A);
(D) the schedule of construction of any facilities needed to achieve the final capacity of the Reserve, including a description of the type and location of such facilities and of enhancements and improvements to existing facilities;
(E) an estimate of the cost of acquiring crude oil and constructing facilities necessary to complete the Reserve;
(F) a description of the current distribution plan for using the Reserve, including the method of drawdown and distribution to be utilized; and
(G) an explanation of any changes made in the matters described in subparagraphs (A) through (F) since the transmittal of the previous report under this subsection;
(1) the status of the physical capacity of the Reserve and the type and quantity of petroleum products in the Reserve;
(2) an estimate of the schedule and cost to complete planned equipment upgrade or capital investment in the Reserve, including upgrades and investments carried out as part of operational maintenance or extension of life activities;
(3) an identification of any life-limiting conditions or operational problems at any Reserve facility, and proposed remedial actions including an estimate of the schedule and cost of implementing those remedial actions;
(4) a description of current withdrawal and distribution rates and capabilities, and an identification of any operational or other limitations on those rates and capabilities;
(5) a listing of petroleum product acquisitions made in the preceding year and planned in the following year, including quantity, price, and type of petroleum;
(3) an analysis of the impact and effectiveness of such actions on the vulnerability of the United States to interruption in supplies of petroleum products;
(4) a summary of existing problems with respect to further implementation of the Early Storage Reserve Plan and the Strategic Petroleum Reserve Plan; and
(7) a summary of the financial status and financial transactions of the Strategic Petroleum Reserve and Strategic Petroleum Reserve Petroleum Accounts for the year;
(8) a summary of expenses for the year, and the number of Federal and contractor employees;
(9) the status of contracts for development, operation, maintenance, distribution, and other activities related to the implementation of this part;
(10) a summary of foreign oil storage agreements and their implementation status;