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Bill > S4020


US S4020

US S4020
Banning Oil Exports to Foreign Adversaries Act


summary

Introduced
03/21/2024
In Committee
03/21/2024
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

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.

AI Summary

This bill amends the Energy Policy and Conservation Act to prohibit the export or sale of petroleum products drawn from the Strategic Petroleum Reserve to certain entities, including China, North Korea, Russia, Iran, Venezuela, Syria, and Cuba, as well as any entity owned, controlled, or influenced by those countries or the Chinese Communist Party. The Secretary of Energy can issue a waiver if the export or sale is deemed to be in the national security interests of the United States. The bill also requires the Secretary to issue a rule to carry out these provisions within 60 days of the bill's enactment.

Committee Categories

Agriculture and Natural Resources

Sponsors (5)

Last Action

Read twice and referred to the Committee on Energy and Natural Resources. (on 03/21/2024)

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