Bolstering the Northeast Home Heating Oil Reserve Act

Key Points

• Congress would require the Energy Department to do a long-term review of the Northeast home heating oil backup supply.
• Within 180 days of the law taking effect, the Energy Department would have to send Congress a report with findings and recommendations.
• The report must lay out the reserve’s near- and long-term role in U.S. energy and economic security, and whether current rules are strong enough.
• It must recommend the best size, locations, and types of heating oil to store, plus how to improve storage and delivery so fuel can reach people in a crunch.
• It must also estimate what resources are needed to keep the reserve working well over the long run.

Impact Analysis

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