Page:United States Statutes at Large Volume 89.djvu/942

 89 STAT. 882

PUBLIC LAW 94-163—DEC. 22, 1975 DEFINITIONS

42 USC 6232.

SEC. 152. As used in this part: (1) The term "Early Storage Reserve" means that portion of the Strategic Petroleum Reserve which consists of petroleum products stored pursuant to section 155. (2) The term "importer" means any person who owns, at the first place of storage, any petroleum product imported into the United States. (3) The term "Industrial Petroleum Reserve" means that portion of the Strategic Petroleum Reserve which consists of petroleum products owned by importers or refiners and acquired, stored, or maintained pursuant to section 156. (4) The term "interest in land" means any ownership or possessory right with respect to real property, including ownership in fee, an easement, a leasehold, and any subsurface or mineral rights. (5) The term "readily available inventories" means stocks and supplies of petroleum products which can be distributed or used without affecting the ability of the importer or refiner to operate at normal capacity; such term does not include minimum working inventories or other unavailable stocks. (6) The term "refiner" means any person who owns, operates, or controls the operation of any refinery. (7) The term "Regional Petroleum Reserve" means that portion of the Strategic Petroleum Reserve which consists of petroleum products stored pursuant to section 157. (8) The term "related facility" means any necessary appurtenance to a storage facility, including pipelines, roadways, reservoirs, and salt brine lines. (9) The term "Reserve" means the Strategic Petroleum Reserve. (10) The term "storage facility" means any facility or geological formation which is capable of storing significant quantities of petroleum products. (11) The term "Strategic Petroleum Reserve" means petroleum products stored in storage facilities pursuant to this part; such term includes the Industrial Petroleum Reserve, the Early Storage Reserve, and the Regional Petroleum Reserve. STRATEGIC PETROLEUM RESERVE OFFICE

Establishment.

42 USC 6233.

SEC. 153. There is established, in the Federal Energy Administration, a Strategic Petroleum Reserve Office. The Administrator, acting through such Office and in accordance with this part, shall exercise authority over the establishment, management, and maintenance of the Reserve. STRATEGIC PETROLEUM RESERVE

42 USC 6234.

Plan, transmittal to Congress. Post, p. 965.

SEC. 154. (a) A Strategic Petroleum Reserve for the storage of up to 1 billion barrels of petroleum products shall be created pursuant to this part. By the end of the 3-year period which begins on the date of enactment of this Act, the Strategic Petroleum Reserve (or the Early Storage Reserve authorized by section 155, if no Strategic Petroleum Reserve Plan has become effective pursuant to the provisions of section 159(a)) shall contain not less than 150 million barrels of petroleum products. (b) The Administrator, not later than December 15, 1976, shall prepare and transmit to the Congress, in accordance with section 551, a

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