The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.
“STRATEGIC PETROLEUM RESERVE” mentioning the U.S. Dept. of Energy was published in the Senate section on pages S10586 on Oct. 13, 2000.
The publication is reproduced in full below:
STRATEGIC PETROLEUM RESERVE
Mr. MURKOWSKI. Mr. President, I ask unanimous consent that a letter dated Oct. 11, 2000, to Secretary Richardson from myself be printed in the Record.
There being no objection, the letter was ordered to be printed in the Record, as follows:
Committee on
Energy and Natural Resources,
Washington, DC, October 11, 2000.Hon. Bill Richardson,Secretary of Energy, U.S. Department of Energy, Washington,
DC.
Dear Mr. Secretary: I am writing to request that the Department provide the Committee the following information with respect to the proposed exchange of 30 million barrels of crude oil from the Strategic Petroleum Reserve:
1. A list of the bidders for the SPR oil.
2. For each bidder, the date on which their bid was submitted, the amount of SPR oil they bid for and the bid they made.
3. For each winning bidder, the amount and type of SPR oil they were awarded and the terms of the award.
4. For each winning bidder, the assurance they provided that they will be able to return oil to the SPR as is required.
5. Why DOE did not have any financial qualification for bidders.
6. For each losing bidder, the reasons why their bid was not accepted.
7. A list of all persons who the Department contacted to inform them of the proposed exchange, and the means by which such person was contacted.
8. Provisions in the contracts that require heating oil to be refined from the SPR oil.
9. Provisions in the contracts that require heating oil refined from the SPR oil to be delivered to the Northeast market.
10. Provisions in the contracts that prohibit the export of the SPR oil or petroleum product refined from the SPR oil, including export by exchange.
Please provide the Committee with this information as soon as possible, no later than 12:00 p.m., Monday, October 16, 2000. If you or your staff have any questions you may contact Mr. Brian Malnak (224-4970).
Sincerely,
Frank H. Murkowski,Chairman.
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