HR 8554
117th Congress
House
Energy
Asia
Belarus
Burma
Caribbean area
China
Cuba
Energy storage, supplies, demand
Europe
Foreign and international corporations
Iran
Latin America
Middle East
North Korea
Oil and gas
Russia
Sanctions
Strategic materials and reserves
Syria
Trade restrictions
SAVE Act
Introduced: July 28, 2022
Introduced by:
Bice, Stephanie I.
Republican
· Oklahoma
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2022
Referred to the House Committee on Energy and Commerce.
Jul 28, 2022
Introduced in House
Plain-English summary
Save America’s Valuable Energy Act or the SAVE Act
This bill directs the Department of Energy (DOE) to prohibit the sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve (SPR) to certain entities. Specifically, DOE must prohibit the sale of petroleum products from the SPR to entities headquartered in Russia. Further, DOE must prohibit the sale of petroleum products from the SPR to entities headquartered in countries (Belarus, Burma, China, Cuba, Iran, North Korea, Syria, and Venezuela) that are subject to certain prohibitions concerning exports of defense articles and services under the Department of State's International Traffic in Arms Regulations.
What's happening now
Referred to the House Committee on Energy and Commerce.
Committees of jurisdiction
1