Securing Our Propane Supply Act

Securing Our Propane Supply Act

This bill requires the Department of Energy (DOE) to study the feasibility and effectiveness of establishing a national strategic propane reserve that is separate from the Strategic Petroleum Reserve. If DOE finds a reserve should be established, then DOE must develop an implementation plan.

Bill 118 s 515, also known as the Securing Our Propane Supply Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to ensure that there is a reliable and secure supply of propane available in the United States.

The bill outlines several key provisions to achieve this goal. One of the main provisions is the establishment of a strategic propane reserve, similar to the Strategic Petroleum Reserve that currently exists for oil. This reserve would help to mitigate any potential disruptions in the supply of propane, such as natural disasters or geopolitical events.

Additionally, the bill calls for increased coordination and communication between federal, state, and local agencies to better monitor and respond to any potential propane supply issues. This would help to ensure that there is a coordinated and effective response in the event of a propane shortage. Furthermore, the bill includes provisions to incentivize the development of infrastructure for the storage and distribution of propane, as well as measures to promote research and development in the propane industry. Overall, the Securing Our Propane Supply Act aims to address potential vulnerabilities in the US propane supply chain and ensure that there is a reliable and secure supply of propane available to consumers and businesses across the country.