§60136 Petroleum product transportation capacity study

Summary

The Secretaries of Transportation and Energy must regularly study how petroleum products move by pipeline in the United States. They must find places where an unexpected loss of a single pipeline could cause supply shortages or price spikes, and places where limited pipeline capacity or reliability problems do or might cause shortages or price disruptions. They can decide if current rules are enough to reduce those risks. They may work with other agencies and with public and private experts. By June 1, 2008, they must send a report with recommendations to reduce shortages and price problems to the House Committees on Energy and Commerce and on Transportation and Infrastructure, and to the Senate Committees on Commerce, Science, and Transportation and on Energy and Natural Resources. They must send more reports after later studies. “Petroleum product” means oil or related liquid hydrocarbons, including gasoline, diesel, aviation fuel, fuel oil, kerosene, refined products, liquefied petroleum gases, natural gas liquids, petrochemical feedstocks, condensate, and mixtures or wastes containing these.