Maine 2023-2024 Regular Session

Maine House Bill LD818

Introduced
2/28/23  
Refer
2/28/23  
Refer
2/28/23  

Caption

An Act to Establish an Emergency Fuel Reserve

Impact

If enacted, LD818 would modify existing state laws related to fuel storage and emergency management. It aims to enhance the state's capacity to respond to fuel-related emergencies by providing a structured approach for fuel procurement and storage. The bill is anticipated to stabilize fuel supply for residents during critical times, which can be particularly important during severe weather conditions or other emergencies that affect heating oil availability. This measure is seen as a proactive strategy to mitigate the impact of unexpected fuel price increases on residents.

Summary

Legislative Document 818 (LD818) proposes the establishment of an emergency fuel reserve that would allow the State of Maine to store fuel for up to 90 days to address emergencies when heating oil prices surge excessively. Aimed at ensuring fuel availability during such crises, the bill stipulates that the State would procure fuel during periods of low cost to maintain this reserve. Additionally, it allows for the engagement of a vendor responsible for the storage and management of the fuel reserve, thereby outlining the operational framework necessary for effective deployment during emergencies.

Sentiment

The general sentiment around LD818 appears to be supportive among those who recognize the need for emergency preparedness, especially regarding heating oil costs and availability. Proponents argue that this bill is a necessary safeguard for residents in times of crisis, ensuring that they are not left without essential resources when prices spike. However, there are concerns regarding the financial implications of maintaining such a reserve, leading to a nuanced discussion among legislators. The overall sentiment is one of cautious optimism intertwined with critical evaluation of the bill's feasibility.

Contention

Notable points of contention surrounding LD818 include concerns regarding the fiscal responsibility of establishing and maintaining the emergency fuel reserve. Opponents worry about the costs associated with purchasing, storing, and managing the fuel reserve, especially if fuel prices fluctuate significantly. The legislative discussion indicates that while the intent to protect residents from high heating oil costs is broadly accepted, the execution and financial implications warrant thorough examination to address concerns about budgetary impacts and long-term sustainability of the reserve.

Companion Bills

No companion bills found.

Previously Filed As

ME HB4408

Relating to the establishment of a strategic fuel reserve program in this state.

ME HB4941

Relating to the establishment of a strategic fuel reserve program in this state.

ME HB1057

Provides for an emergency fuel reserve (EG INCREASE GF EX See Note)

ME H752

Authorizing the establishment of old growth forest reserves

ME H4159

South Carolina Tribal Reservation Establishment Act

ME H903

Authorizing the establishment of old growth forest reserves

ME S0338

Establishes a fee on companies that sell fossil fuels in Rhode Island and establishes a fund to disburse the collected funds.

ME HB9957

Western Refined Fuel Reserve Act of 2024

ME HB1586

State government; penalties for occupying a reserved space or failing to pay entrance fees; establishing annual state park passes; effective dates; emergency.

ME HB1586

State government; penalties for occupying a reserved space or failing to pay entrance fees; establishing annual state park passes; effective dates; emergency.

Similar Bills

No similar bills found.