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S. 1231: Strategic Petroleum Reserve Modernization Act of 2015

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S. 1231: Strategic Petroleum Reserve Modernization Act of 2015

114th Congress · introduced 2015-05-06 · Energy · Latest: Committee on Energy and Natural Resources. Hearings held.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2015-05-06 · official record
  2. Who proposed it: Sen. Murkowski, Lisa [R-AK] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Committee on Energy and Natural Resources. Hearings held. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Strategic Petroleum Reserve Modernization Act of 2015

Plain summary

Strategic Petroleum Reserve Modernization Act of 2015 This bill directs the Department of Energy to: evaluate the international obligations that gave rise to the establishment and maintenance of the Strategic Petroleum Reserve (SPR); analyze changes in energy security infrastructure since the establishment of the SPR, including changes in the distribution infrastructure and the integrity of the salt caverns associated with the SPR; estimate the costs of completing deferred maintenance for the SPR; estimate the costs of life extension spending for SPR infrastructure nearing the end of its design life; and evaluate the size of the SPR as of the date of the study, based upon current and projected oil supply and demand.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Strategic Petroleum Reserve Modernization Act of 2015

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Murkowski, Lisa [R-AK] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Sponsor's campaign money: Sen. Murkowski, Lisa [R-AK] reported raising $1.4 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Obligation
A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-s1231 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114