{"data":{"id":"us/42-u.s.c.-6247b","jurisdiction":"us","citation":"42 U.S.C. § 6247b","heading":"Purchase of oil from marginal wells","body":"(a) In generalFrom amounts authorized under section 6246 of this title, in any case in which the price of oil decreases to an amount less than $15.00 per barrel (an amount equal to the annual average well head price per barrel for all domestic crude oil), adjusted for inflation, the Secretary may purchase oil from a marginal well at $15.00 per barrel, adjusted for inflation. (b) Definition of marginal wellThe term “marginal well” has the same meaning as the definition of “stripper well property” in section 613A(c)(6)(E) of title 26.","path":["Title 42—THE PUBLIC HEALTH AND WELFARE","CHAPTER 77—ENERGY CONSERVATION"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc42@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T06:00:34Z","sha256":"2b3d06100fce7a7fcdae06010ef399682ab671b8c1d5e995def9fb5290190992","source_id":"us","stale":true,"prev":"us/42-u.s.c.-6247a","next":"us/42-u.s.c.-6249"},"notice":"GroundRules: Original legal text. Not legal advice."}
