US Congress Senate Bill 1224 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on May 6 2015 - 25% progression, died in chamber
Action: 2015-05-19 - Committee on Energy and Natural Resources. Hearings held.
Text: Latest bill text (Introduced) [PDF]

Condensate Act of 2015 This bill requires the Department of Energy to develop a standard definition of the term "condensate" and, subsequently, advise relevant federal agencies to adopt that definition in order to clarify U.S. energy policy. The Assistant Secretary for Fossil Energy may assess the suitability of condensate separately from crude oil for use in strategic reserves. The Energy Information Administration must collect data concerning the chemical properties of domestically produced condensate and crude oil. The Department of the Interior must assess condensate separately from crude oil. The bill authorizes: the Bureau of Ocean Energy Management to estimate condensate separately from crude oil as part of the resource assessments regarding domestic geological formations, the Office of Natural Resources Revenue Data Collection to collect condensate data separately from crude oil, and the United States Geological Survey to include estimates of condensate separately from crude oil as part of the resource assessments regarding domestic geological formations. Congress declares that processed condensate is a petroleum product.

Condensate Act of 2015

Sen. Lisa Murkowski [R-AK]

Date	Chamber	Action
2015-05-19	Senate	Committee on Energy and Natural Resources. Hearings held.
2015-05-06	Senate	Read twice and referred to the Committee on Energy and Natural Resources.

HB2369 (Related) 2015-06-10 - Referred to the Subcommittee on Energy and Mineral Resources.
SB1312 (Related) 2015-06-09 - Committee on Energy and Natural Resources. Hearings held.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/senate-bill/1224/all-info
Text	https://www.congress.gov/114/bills/s1224/BILLS-114s1224is.pdf