HR 9560
117th Congress
House
Energy
Petroleum Price Reduction Act
Introduced: December 14, 2022
Introduced by:
Sherman, Brad
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 14, 2022
Referred to the House Committee on Foreign Affairs.
Dec 14, 2022
Introduced in House
Plain-English summary
Petroleum Price Reduction Act
This bill requires the President to prohibit exports of crude oil and finished oil products (other than natural gas) whenever the price for crude oil exceeds a specified threshold. The President may waive the prohibition in certain circumstances.
What's happening now
Referred to the House Committee on Foreign Affairs.
Committees of jurisdiction
1