Know Your Oil Act of 2016
This bill directs the Department of Energy (DOE) to issue regulations that require companies that extract or refine oil to disclose oil data, including the amounts and sources of greenhouse gas emitted during the oil extraction, refining, and combustion process.
DOE must consult with federal agencies and state and tribal governments to carry out this bill. Additionally, DOE must publicly disclose and maintain the data it collects on greenhouse gas emissions and oil field resources.