42 U.S. Code § 6217 - Scientific inventory of oil and gas reserves
Once completed, the USGS resource estimates and the surface availability data as provided in subsection (a)(2) shall be regularly updated and made publicly available.
The inventory shall be provided to the Committee on Resources of the House of Representatives and to the Committee on Energy and Natural Resources of the Senate within 2 years after November 9, 2000.
Using the inventory, the Secretary of Energy shall make periodic assessments of economically recoverable resources accounting for a range of parameters such as current costs, commodity prices, technology, and regulations.
Section was enacted as part of the Energy Act of 2000, and not as part of the Energy Policy and Conservation Act which comprises this chapter.
2005—Subsec. (a)(1). Pub. L. 109–58, § 364(a)(1)(A), struck out “reserve” before “estimates” and “and” after the semicolon.
Subsec. (a)(2), (3). Pub. L. 109–58, § 364(a)(1)(B), added pars. (2) and (3) and struck out former par. (2) which read as follows: “the extent and nature of any restrictions or impediments to the development of such resources.”
Subsec. (b). Pub. L. 109–58, § 364(a)(2), substituted “resource” for “reserve” and “publicly” for “publically”.
Subsec. (d). Pub. L. 109–58, § 364(a)(3), added subsec. (d) and struck out heading and text of former subsec. (d). Text read as follows: “There are authorized to be appropriated such sums as may be necessary to implement this section.”
Committee on Resources of House of Representatives changed to Committee on Natural Resources of House of Representatives by House Resolution No. 6, One Hundred Tenth Congress, Jan. 5, 2007.