Section 1. Short title
This Act may be cited as the Strategically Lowering Gas Prices Act.
Section 2. Drawdown and sale of petroleum products
Section 161 of the Energy Policy and Conservation Act (42 U.S.C. 6241) is amended by adding at the end the following:
(A) In general
Notwithstanding subsections (d) and (h), the Secretary may not draw down and sell petroleum products from the Reserve pursuant to a finding made by the President under this section if the President, the Secretary of the Interior, or the Secretary of Agriculture, as determined by the Inspector General of the Department of the Interior, has withdrawn land after the date of enactment of this subsection that is subject to disposition under any of the mineral leasing laws from oil and gas leasing.
(B) Timeline
The Inspector General of the Department of the Interior shall—
(i) make a determination required under subparagraph (A) not later than 30 days after the President, the Secretary of the Interior, or the Secretary of Agriculture has withdrawn land after the date of enactment of this subsection that is subject to disposition under any of the mineral leasing laws from oil and gas leasing; and
(ii) publish the determination required under subparagraph (A) in the Federal Register.
(2) Withdrawal by statute
For purposes of paragraph (1), a withdrawal of land from oil and gas leasing provided by an Act of Congress shall not be considered a withdrawal by the President.
(3) Exception
Paragraph (1) shall not apply with respect to a drawdown and sale that is required by a severe energy supply interruption that, as determined by the Secretary, was caused by—
(A) an act of sabotage;
(B) an act of war;
(C) an act of terrorism; or
(D) an act of God.