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republic-os/legal/us/code/title-42/chapter-77/section-6247b.md
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Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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---
type: "LegalText"
title: "42 U.S.C. § 6247b"
description: "Purchase of oil from marginal wells"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 42
title_name: "THE PUBLIC HEALTH AND WELFARE"
chapter_number: "77"
chapter_name: "ENERGY CONSERVATION"
section: "6247b"
citation: "42 U.S.C. § 6247b"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip"
source_identifier: "/us/usc/t42/s6247b"
source_file: "data/legal/raw/us/code/title-42/usc42.xml"
source_hash: "61dbdc54aa8cd8c81a97570a0dff14e080afb5046d8a7022bf7927d60a482eaa"
raw_snapshot_hash: "644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e"
text_hash: "0c77e833ed19dfef3825f9d72bd274da18ee324247b61c9b33a1b85d657cf0c4"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 42 U.S.C. § 6247b - Purchase of oil from marginal wells
## Text
(a) In general From 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 well The term “marginal well” has the same meaning as the definition of “stripper well property” in section 613A(c)(6)(E) of title 26.
(Pub. L. 94163, title I, § 169, as added Pub. L. 106469, title III, § 301(a), Nov. 9, 2000, 114 Stat. 2037.)