H.R. 6035 would authorize the Secretary of Energy to exchange light crude oil in the Strategic Petroleum Reserve for heavy crude oil.

== Detailed Summary ==

<summary>
(LogInstructs the Secretary of Energy to: (1) publish an announcement in to edit the wiki and beFederal Register, within 14 days after the first to provideend of any period of ten consecutive days during which the price of oil exceeds $90 per barrel, offering 50 million barrels of light crude oil from the Strategic Petroleum Reserve (SPR) in exchange for heavy crude oil; and (2) establish a detailed summaryschedule distributing exchanges over a period of two years.

Sunsets the bill!)authority to enter into such exchange agreement one year after the date of enactment of this Act.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 5/13/2008:5/14/2008: Referred to House committee.subcommittee. Status: Referred to the House CommitteeSubcommittee on Energy and Commerce.Air Quality.
</status>

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== Points in Favor ==

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== Points Against ==

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