Sec. 1. 5 MRSA §3307-C, sub-§2, ¶B, as enacted by PL 1989, c. 501, Pt. DD, §13 is amended to read:

B. The quantities of each petroleum product delivery expected into the State within 15 days of the reporting date or within any longer period established by the director.

Sec. 2. 5 MRSA §3307-C, sub-§3, ¶¶B and C, as enacted by PL 1989, c. 501, Pt. DD, §13, are amended to read:

B. Anticipated deliveries of all petroleum products in this State during the following calendar month or during any longer period established by the director; and

C. Allocation fractions for all petroleum products for the following month or for any longer period established by the director.

Sec. 3. 5 MRSA §3307-C, sub-§5 is enacted to read:

5. Reporting of State Planning Office.__The State Planning Office shall provide reports to the joint standing committee of the Legislature having jurisdiction over utilities and energy matters as follows:

A.__Annually no later than the first business day in January, a report on petroleum products identifying for each petroleum product:

(1)__The most recent statewide storage inventory of the product;

(2)__The historic trend of the statewide storage inventory over the prior 12 months; and

(3)__Any anticipated reductions, curtailments or shortfalls in product deliveries or storage inventories in the coming months; and

B.__If the State Planning Office determines, based on available information, that there is or may be a significant shortfall in supply inventories or anticipated deliveries into the State of home heating oil, a report including:

(1)__The information that suggests a supply shortfall;

(2)__Current and anticipated inventories of home heating oil storage supplies; and