S 4515 117th Congress Senate Energy Asia China Congressional oversight Europe Iran Middle East North Korea Oil and gas Russia Strategic materials and reserves Trade restrictions

No Emergency Crude Oil for Foreign Adversaries Act

Introduced: July 13, 2022 Introduced by: Cruz, Ted Republican · Texas See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 1, 2022

Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 117-523.

Jul 13, 2022

Read twice and referred to the Committee on Energy and Natural Resources.

Jul 13, 2022

Introduced in Senate

Plain-English summary Congressional Research Service

No Emergency Crude Oil for Foreign Adversaries Act

This bill prohibits exports of crude oil from the Strategic Petroleum Reserve (SPR) to China, Russia, North Korea, and Iran. Specifically, the bill directs the Department of Energy (DOE) to require as a condition of any sale of crude oil from the SPR that the oil not be exported to such countries. However, DOE may issue a waiver of the prohibition if the sale of crude oil is in the national security interests of the United States.

In addition, DOE must report on (1) the route to destination and place of refinement of all crude oil sold at auction from the SPR since November 23, 2021, and (2) the ownership of the refinement facilities at which such crude oil was refined.

What's happening now December 1, 2022

Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 117-523.

Committees of jurisdiction 1