Bill > HR2806

This bill prohibits the Secretary of Energy from selling petroleum products from the Strategic Petroleum Reserve (SPR) to any entity connected to the Chinese Communist Party or in a way that could result in those products being exported to China. The Strategic Petroleum Reserve is a large emergency stockpile of crude oil maintained by the United States to provide energy security in case of significant supply disruptions. The bill effectively creates a restriction that prevents petroleum products stored in this national reserve from being sold to Chinese entities or in a manner that might ultimately benefit China. By implementing these limitations, the legislation aims to protect the SPR as a critical national resource and prevent potential strategic advantages being gained by China through access to these petroleum reserves. The bill would require the Secretary of Energy to ensure that any sales of petroleum products from the reserve are conducted in a way that explicitly prevents Chinese ownership, control, or use of those resources.

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https://www.congress.gov/bill/119th-congress/house-bill/2806/all-info