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Strategic Reserve and Energy Efficiency for Consumers

This act aims to ensure energy supply stability and reduce costs for citizens by accelerating the use of oil reserves and promoting energy efficiency. The changes are intended to help reduce reliance on Russian oil imports and protect consumers from sudden energy price increases.
Key points
Accelerated use of strategic petroleum reserves to stabilize prices and supplies.
Strengthening the President's authority to set energy efficiency targets for states during emergencies.
Broadening the definition of energy efficiency to include electrification and minimum energy use levels for appliances and vehicles.
Amendments to regulations concerning emergency energy conservation plans.
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Additional Information
Print number: 117_S_3815
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2022-03-10