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S 4020 118th Congress Senate Energy

Banning Oil Exports to Foreign Adversaries Act

Introduced: March 21, 2024 Introduced by: Fetterman, John Democratic · Pennsylvania See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 21, 2024
Read twice and referred to the Committee on Energy and Natural Resources.
Mar 21, 2024
Introduced in Senate
 Plain-English summary Congressional Research Service

Banning Oil Exports to Foreign Adversaries Act

This bill requires the Department of Energy (DOE) to prohibit the export or sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve to (1) China, North Korea, Russia, Iran, Venezuela, Syria, and Cuba; and (2) any entity owned, controlled, or influenced by such countries or the Chinese Communist Party. However, DOE may issue a waiver of the prohibition if the export or sale of petroleum products is in the national security interests of the United States. 

What's happening now March 21, 2024

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

 Committees of jurisdiction 1