To amend the Energy Policy and Conservation Act to prohibit the export or sale of petroleum products from the Strategic Petroleum Reserve to certain entities, and for other purposes.
Banning Oil Exports to Foreign Adversaries Act
This bill requires the Department of Energy (DOE) to prohibit the export or sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve to (1) China, North Korea, Russia, and Iran; (2) any other country the government of which is subject to sanctions imposed by the United States; and (3) any entity owned, controlled, or influenced by such countries or the Chinese Communist Party. However, DOE may issue a waiver of the prohibition if the export or sale of petroleum products is in the national security interests of the United States.
Referred to the Subcommittee on Energy, Climate and Grid Security.
Committee on the Budget. Hearings held. Hearings printed: S.Hrg. 118-76.
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Sponsor introductory remarks on measure. (CR H212)
Referred to the Subcommittee on Energy, Climate and Grid Security.
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