Strategically Lowering Gas Prices Act
This bill prohibits, subject to certain exceptions, the Department of Energy from drawing down or selling stocks from the Strategic Petroleum Reserve at the direction of a President if that President has withdrawn federal land subject to any of the mineral leasing laws from oil and gas leasing.
To prohibit a drawdown and sale of petroleum products from the 
Strategic Petroleum Reserve if the President has withdrawn certain land 
           from oil and gas leasing, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Strategically Lowering Gas Prices 
Act''.

SEC. 2. DRAWDOWN AND SALE OF PETROLEUM PRODUCTS.

    Section 161 of the Energy Policy and Conservation Act (42 U.S.C. 
6241) is amended by adding at the end the following:
    ``(k) Effect of Withdrawal of Lands.--
            ``(1) In general.--Notwithstanding subsections (d) and (h), 
        the Secretary may not draw down and sell petroleum products 
        pursuant to a finding made by a President under this section if 
        that President, as determined by the Secretary of the Interior, 
        has withdrawn land that is subject to disposition under any of 
        the mineral leasing laws from oil and gas leasing.
            ``(2) Withdrawal by statute.--For purposes of paragraph 
        (1), a withdrawal of land from oil and gas leasing provided by 
        statute shall not be considered a withdrawal by the President.
            ``(3) Exception.--Paragraph (1) shall not apply with 
        respect to a drawdown and sale that is required by a severe 
        energy supply interruption that is caused by an act of 
        sabotage, an act of terrorism, or an act of God.''.
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Strategically Lowering Gas Prices Act
To prohibit a drawdown and sale of petroleum products from the Strategic Petroleum Reserve if the President has withdrawn certain land from oil and gas leasing, and for other purposes.
Strategically Lowering Gas Prices Act
Rep. Budd, Ted