Gasoline Availability Stabilization (GAS) Reserves Act

The Gasoline Availability Stabilization (GAS) Reserves Act (H.R. 3023) would establish a national backup supply of 20 million barrels of regular unleaded gasoline to protect consumers from sudden price spikes. The bill directs the Department of Energy to build and maintain storage sites in the Northeast, the Midwest, and California, which would be ready to release fuel during supply disruptions.

For everyday citizens, this legislation aims to stabilize gas prices at the pump by allowing state governors to request emergency fuel releases when local supplies are low. By creating a regional safety net, the bill seeks to prevent the extreme price volatility and fuel shortages that can occur following natural disasters or other physical disruptions to the gasoline supply chain.