California Law (Last Updated: March 4, 2014) |
Public Resources Code - PRC |
Division 15. ENERGY CONSERVATION AND DEVELOPMENT |
Chapter 8.2. Strategic Fuel Reserve |
Section 25721.
Latest version.
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The commission shall report its findings and recommendations to the Governor, the Legislature, and the Attorney General by January 31, 2002. If the commission finds that it would be feasible to operate a strategic gas reserve to insulate California consumers and businesses from substantial, short-term price increases arising from refinery outages or other similar supply interruptions, the commission shall request specific statutory authority and funding for establishment of a reserve.
(Added by Stats. 2000, Ch. 936, Sec. 1. Effective January 1, 2001.)