§ 13552. Use of energy futures for fuel purchases

Footnotes

1. 1 See References in Text note below.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1992

   Energy Policy Act of 1992

   Pub. L. 102–486 title XXX § 3014 · 106 Stat. 2776

   Enacted · 42 U.S.C. § 13552

   Pub. L. 102–486, title XXX, § 3014, Oct. 24, 1992, 106 Stat. 3128

   Source evidence

   Code source credit
   Pub. L. 102–486, title XXX, § 3014, Oct. 24, 1992, 106 Stat. 3128

   Enacted provision · exact public law section
   SEC. 3014. USE OF ENERGY FUTURES FOR FUEL PURCHASES. (a) Fuel Study.— The Secretary shall conduct a study— (1) to ascertain if the use of energy futures and options contracts could provide cost-effective protection for Government entities (including Government purchases for military purposes and for the Strategic Petroleum Reserve) and consumer cooperatives (or any organization whose purpose is to purchase fuel in bulk) from unanticipated surges in the price of fuel; and (2) to ascertain how such Government entities or consumer cooperatives may be educated in the prudent use of energy futures and options contracts to maximize their purchasing effectiveness, protect themselves against unanticipated surges in the price of fuel, and minimize fuel costs. (b) Report.— The Secretary, no later than 12 months after the date of the enactment of this Act, shall transmit the study required in this section to the Committee on Energy and Commerce of the House of Representatives and the Committee on Energy and Natural Resources of the Senate. (c) Pilot Program.— The Secretary shall conduct a pilot program, commencing not later than 30 days after the transmission of the study required in subsection (b), to educate such governmental entities, consumer cooperatives, or other organizations on the prudent and cost-effective use of energy futures and options contracts to increase their protection against unanticipated surges in the price of fuel and thereby increase the efficiency of their fuel purchase or assistance programs. (d) Authorization.— There are authorized to be appropriated such sums as may be necessary to carry out this section.

2. 1998

   Federal Reports Elimination Act of 1998

   Pub. L. 105–362 title IV § 401(f) · 112 Stat. 3280

   1. Redesignated · 42 U.S.C. § 13552(b)(d)

      Pub. L. 105–362 redesignated subsecs. (c) and (d) as (b) and (c), respectively

   2. Struck · 42 U.S.C. § 13552(b)(d)

      Pub. L. 105–362 struck out heading and text of former subsec. (b). Text read as follows: “The Secretary, no later than 12 months after October 24, 1992, shall transmit the study required in this section to the Committee on Energy and Commerce of the House of Representatives and the Committee on Energy and Natural Resources of the Senate.”

   Source evidence

   Code amendment note
   Subsecs. (b) to (d). Pub. L. 105–362 redesignated subsecs. (c) and (d) as (b) and (c), respectively, and struck out heading and text of former subsec. (b). Text read as follows: “The Secretary, no later than 12 months after October 24, 1992, shall transmit the study required in this section to the Committee on Energy and Commerce of the House of Representatives and the Committee on Energy and Natural Resources of the Senate.”

   Enacted provision · exact public law section
   (f) Report on the Use of Energy Futures for Fuel Purchases.— Section 3014 of the Energy Policy Act of 1992 (42 U.S.C. 13552) is amended— (1) by striking subsection (b); and (2) by redesignating subsections (c) and (d) as subsections (b) and (c), respectively.

3 of 3 references resolved to an enrolled provision