S. 4020
Referred to CommitteeBanning Oil Exports to Foreign Adversaries Act
Latest Action
Read twice and referred to the Committee on Energy and Natural Resources.
3/21/2024 • Senate
Summary
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.
Introduced in Senate • 3/21/2024
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Sponsor & Cosponsors (5)
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Bill Journey
Originated in the Senate
Introduced
March 21, 2024
Read twice and referred to the Committee on Energy and Natural Resources.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (5)
H.R. 1
Lower Energy Costs Act
H.R. 293
Banning Oil Exports to Foreign Adversaries Act
H.R. 432
Buy Low and Sell High Act
H.R. 2670
National Defense Authorization Act for Fiscal Year 2024
H.R. 2811
Limit, Save, Grow Act of 2023