EXPANSION OF RESERVE.

SEC. 1402. EXPANSION OF RESERVE. Section 154(a) of the Energy Policy and Conservation Act (42 U.S.C. 6234) is amended— (1) by striking “(a)” and inserting “(a)(1)”; and (2) by adding at the end the following: “(2) Beginning on the date of the enactment of the Energy Policy Act of 1992, the President shall take actions to enlarge the Strategic Petroleum Reserve to 1,000,000,000 barrels as rapidly as possible. Such actions may include— “(A) petroleum acquisition, transportation, and injection activities at the highest practicable fill rate achievable, subject to the availability of appropriated funds; “(B) contracting for petroleum product not owned by the United States as specified in part C; “(C) contracting for petroleum product for storage in facilities not owned by the United States, except that no such product may be stored in such facilities unless petroleum product stored in facilities owned by the United States on the date such product is delivered for storage is at least 750,000,000 barrels; “(D) carrying out the activities described in section 160(h); “(E) the transferring of oil from the Naval Petroleum Reserve; and “(F) other activities specified in this title.”.