§60136 Petroleum Product Transportation Capacity Study

Summary

The Secretaries of Transportation and Energy must do regular studies of how petroleum products move by pipeline in the United States. They must find places where an unexpected loss of a pipeline or lack of capacity could cause shortages or sudden price changes, and they may decide if current rules are enough to lower that risk. They may work with other agencies and outside experts. They must send a report with recommendations by June 1, 2008, 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, and they must send follow-up reports as needed. Petroleum product means oil in any form, gasoline, diesel, aviation fuel, fuel oil, kerosene, products from refining crude oil, liquefied petroleum gases, natural gas liquids, petrochemical feedstocks, condensate, waste mixes with these, and other liquid hydrocarbon compounds.