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H.R. 5553 — Crude by Rail Volatility Standard Act | PoliFocus

H.R. 5553116th Congress

Crude by Rail Volatility Standard Act

To prohibit transportation by rail of crude oil with a Ried vapor pressure of more than 9.5 pounds per square inch, and for other purposes.

Sponsors

Rep. Garamendi, John [D-CA-3]

4 cosponsors

Subjects

Transportation and Public Works

Summary

Crude by Rail Volatility Standard Act

This bill establishes a maximum volatility standard for crude oil.

Specifically, the bill

prohibits the transportation by rail of crude oil with Reid vapor pressure (a measure of gasoline's volatility) of more than 9.5 pounds per square inch (the maximum volatility set by the New York Mercantile Exchange for crude oil futures contracts), and
directs the Pipeline and Hazardous Materials Safety Administration to finalize a rule setting a maximum volatility standard for crude oil and other hazardous materials transported by rail.

Full Text

Legislative Actions

2020-01-08
Introduced in House
2020-01-08
Introduced in House
2020-01-08
Referred to the House Committee on Transportation and Infrastructure.
2020-01-09
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

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