Bolstering Northeast Heating Oil and Gasoline Reserves Act of 2023

This bill requires the Secretary of Energy to conduct a strategic review of the Northeast Petroleum Product Reserves (which include the Northeast Home Heating Oil Reserve and Northeast Gasoline Supply Reserve) within 180 days of enactment. The review must assess the reserves' current configuration, storage capabilities, and alignment with U.S. energy security goals, and propose an action plan to optimize their capacity, location, composition, and distribution. The resulting plan will outline steps to ensure these reserves meet future energy and economic security needs. The bill directly affects the Department of Energy's management of these existing reserves, not the public or private fuel markets.