The "Bolstering Northeast Heating Oil and Gasoline Reserves Act of 2023" aims to enhance the energy security of the Northeastern United States by establishing and maintaining reserves of heating oil and gasoline in the region. The bill focuses on ensuring a stable supply of these essential fuels during emergencies or disruptions. Key provisions include setting up reserve levels, storage requirements, and coordination with industry stakeholders to manage the reserves effectively. This legislation intends to mitigate potential fuel shortages and price spikes, safeguarding consumers and businesses in the Northeast from energy-related crises.
2023-02-24: Introduced in House
2023-02-24: Referred to the House Committee on Energy and Commerce.
2023-03-03: Referred to the Subcommittee on Energy, Climate and Grid Security.
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