Bill > S393

This bill amends the Energy Policy and Conservation Act to prohibit exports or sales of petroleum products from the Strategic Petroleum Reserve (SPR) to specific countries and entities considered foreign adversaries. Specifically, the bill bans exports to the People's Republic of China, North Korea, Russia, Iran, and any entities owned or controlled by these countries or the Chinese Communist Party. The Secretary of Energy is granted the ability to waive this prohibition if they certify that the export would be in the national security interests of the United States. The bill requires the Secretary to issue implementing rules within 60 days of enactment. The SPR is a large federal emergency stockpile of crude oil stored in underground salt caverns along the Gulf Coast, primarily used to provide energy security and mitigate potential supply disruptions. By restricting exports to these specific countries, the bill aims to prevent strategic petroleum resources from being sold to nations that might be considered potential geopolitical rivals or security risks to the United States.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-bill/393/all-info