A bill 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, Iran, Venezuela, Syria, and Cuba; and (2) 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.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1.
Referred to the Subcommittee on Energy, Climate and Grid Security.
Referred to the Subcommittee on Energy, Climate and Grid Security.
Became Public Law No: 118-31.
Committee on the Budget. Hearings held. Hearings printed: S.Hrg. 118-76.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
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