S.Amdt. 2311

SA 2311. Mr. CASSIDY submitted an amendment intended to be proposed
by him to the bill S. 4049, to authorize appropriations for fiscal year
2021 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ____. STUDY ON FEASIBILITY OF CRUDE OIL STOCKPILES.

(a) In General.--Not later than 1 year after the date of
enactment of this Act, the Secretary of Energy (referred to
in this section as the ``Secretary'') shall conduct a study
on the cost effectiveness, economic benefits, and feasibility
of establishing, maintaining, and operating additional crude
oil stockpiles.
(b) Considerations.--In conducting the study under
subsection (a), the Secretary shall take into consideration--
(1) the economic, environmental, and energy security costs
and benefits of additional storage locations both above and
below ground, including the use of private sector and State-
owned sites; and
(2) factors that impact how quickly a storage facility
could be used to absorb additional crude oil.
(c) Report.--As soon as practicable after completing the
study under subsection (a), the Secretary shall submit to the
appropriate committees of jurisdiction of the Senate and the
House of Representatives a report describing the findings and
recommendations of the study.
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