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US S4515

US S4515
No Emergency Crude Oil for Foreign Adversaries Act


summary

Introduced
07/13/2022
In Committee
07/13/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To require the Secretary of Energy to stipulate, as a condi- tion on the sale at auction of any crude oil from the Strategic Petroleum Reserve, that the crude oil not be exported to certain countries, and for other purposes.

AI Summary

This bill, the "No Emergency Crude Oil for Foreign Adversaries Act," would require the Secretary of Energy to prohibit the export of any crude oil sold from the Strategic Petroleum Reserve (SPR) to certain countries, namely China, Russia, North Korea, and Iran. The Secretary can grant waivers if they determine it is in the national security interest of the United States. The bill also requires the Secretary to submit a report on the destination and refining of all crude oil sold from the SPR since November 23, 2021.

Committee Categories

Agriculture and Natural Resources

Sponsors (12)

Last Action

Committee on Energy and Natural Resources. Hearings held. (on 12/01/2022)

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