42 U.S.C. § 6232: Definitions

Summary

Lists what certain words mean for the rules about the Strategic Petroleum Reserve. Some older definitions were removed. Importer means the person who owns imported petroleum at the first place it is stored. Interest in land means any ownership or right in real property, like fee ownership, easements, leases, or underground mineral rights. Readily available inventories are stocks you can use or sell without hurting normal operations and do not include minimum working or unavailable stocks. Refiner means someone who owns, runs, or controls a refinery. Related facility means parts needed for storage, such as pipelines, roads, reservoirs, or salt brine lines. Reserve and Strategic Petroleum Reserve mean the petroleum stored under these rules. Storage facility means any site or underground formation able to hold large amounts of petroleum.

Title 42, §6232

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As used in this part and part C:

(1)Repealed. Pub. L. 106–469, title I, § 103(5)(A), Nov. 9, 2000, 114 Stat. 2029.

(2)The term “importer” means any person who owns, at the first place of storage, any petroleum product imported into the United States.

(3)Repealed. Pub. L. 106–469, title I, § 103(5)(A), Nov. 9, 2000, 114 Stat. 2029.

(4)The term “interest in land” means any ownership or possessory right with respect to real property, including ownership in fee, an easement, a leasehold, and any subsurface or mineral rights.

(5)The term “readily available inventories” means stocks and supplies of petroleum products which can be distributed or used without affecting the ability of the importer or refiner to operate at normal capacity; such term does not include minimum working inventories or other unavailable stocks.

(6)The term “refiner” means any person who owns, operates, or controls the operation of any refinery.

(7)Repealed. Pub. L. 106–469, title I, § 103(5)(A), Nov. 9, 2000, 114 Stat. 2029.

(8)The term “related facility” means any necessary appurtenance to a storage facility, including pipelines, roadways, reservoirs, and salt brine lines.

(9)The term “Reserve” means the Strategic Petroleum Reserve.

(10)The term “storage facility” means any facility or geological formation which is capable of storing significant quantities of petroleum products.

(11)The term “Strategic Petroleum Reserve” means petroleum products stored in storage facilities pursuant to this part.

Notes & Related Subsidiaries

Editorial Notes

Amendments

2000—Par. (1). Pub. L. 106–469, § 103(5)(A), struck out par. (1) which read as follows: “The term ‘Early Storage Reserve’ means that portion of the Strategic Petroleum Reserve which consists of petroleum products stored pursuant to section 6235 of this title.” Par. (3). Pub. L. 106–469, § 103(5)(A), struck out par. (3) which read as follows: “The term ‘Industrial Petroleum Reserve’ means that portion of the Strategic Petroleum Reserve which consists of petroleum products owned by importers or refiners and acquired, stored, or maintained pursuant to section 6236 of this title.” Par. (7). Pub. L. 106–469, § 103(5)(A), struck out par. (7) which read as follows: “The term ‘Regional Petroleum Reserve’ means that portion of the Strategic Petroleum Reserve which consists of petroleum products stored pursuant to section 6237 of this title.” Par. (11). Pub. L. 106–469, § 103(5)(B), struck out “; such term includes the Industrial Petroleum Reserve, the Early Storage Reserve, and the Regional Petroleum Reserve” before period at end. 1990—Pub. L. 101–383 inserted “and part C” after “this part”.

§6232 Definitions

Summary

Title 42, §6232

Notes & Related Subsidiaries

Editorial Notes

Amendments

Citations & Metadata