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Bill: Strategic Petroleum Reserves Act
Details
Status[?]: passed
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: September 4143
Description[?]:
| Background: This bill proposes the establishment of a strategic refined-petroleum reserve to safeguard the country in the event of major war, national crisis, or an energy-related crisis. We propose the nation maintain a level of strategic reserves to comfortably power the nation’s energy consumption needs for 90 days. We estimate this number to be approximately 200 million barrels. We propose: The Ministry of Finance shall be authorised to commit 1 billion SOL yearly from the annual budget to purchase refined petroleum products to attain a level of 200 million barrels from the following: a) Solentian oil and refining firms b) Trilateral market Petroleum reserves will be managed and stored by the Ministry of Internal Affairs in various locations and the amounts will be reported to and accounted for by the Central Bank of Solentia, Ministry of Finance. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 02:13:43, December 30, 2016 CET | From |  SUN | To | Debating the Strategic Petroleum Reserves Act |
| Message | For clarification purposes, we do expect realistically for a portion of the reserves to be crude petroleum in addition to our emphasis on easily usable refined petroleum products (gasoline, kerosene, heating oil, etc.) Location of refined petroleum products will be more accessible to transportation hubs for easy dispersal. Crude reserves will tend to be based near refining locations so they may be quickly processed. Paul Logan Senator, (Nukeya) |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 434 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 61 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "The issues are much too important for the Chilean voters to be left to decide for themselves." - Henry Kissinger |