DRAWDOWN AND DISTRIBUTION OF THE RESERVE.

SEC. 1401. DRAWDOWN AND DISTRIBUTION OF THE RESERVE. Section 161 of the Energy Policy and Conservation Act (42 U.S.C. 6241) is amended— (1) in subsection (d)— (A) by striking “(d)” and inserting “(d)(1)”; and (B) by adding at the end the following new paragraph: 106 STAT. 2994 “(2) For purposes of this section, in addition to the circumstances set forth in section 3(8), a severe energy supply interruption shall be deemed to exist if the President determines that— “(A) an emergency situation exists and there is a significant reduction in supply which is of significant scope and duration; “(B) a severe increase in the price of petroleum products has resulted from such emergency situation; and “(C) such price increase is likely to cause a major adverse impact on the national economy.”; and (2) in subsection (h)(1)(A), by inserting “or international” after “domestic”.