Bill > HR1850

This bill, known as the CRUDE Act (Continuing Robust and Uninhibited Drilling and Exporting Act), aims to modify the President's authority to impose export licensing requirements or restrictions on crude oil exports from the United States. Specifically, the bill changes the conditions under which the President can impose such restrictions. Under the proposed changes, export restrictions would only be allowed if the Secretaries of Defense, Energy, and Commerce jointly report to the President and Congress that crude oil exports have caused sustained material oil supply shortages or significantly elevated oil prices that directly impact the United States, and these supply shortages or price increases have caused or are likely to cause substantial adverse employment effects. Additionally, the President would need to declare a national emergency based on these findings and formally publish the emergency declaration in the Federal Register. The bill effectively narrows the circumstances under which crude oil export restrictions can be implemented, potentially making it easier for U.S. oil producers to export crude oil with fewer governmental constraints.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/1850/all-info