S. 393

119 S393 IS: Banning SPR Oil Exports to Foreign Adversaries Act
 U.S. Senate
 2025-02-04
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 393  IN THE SENATE OF THE UNITED STATES   February 4, 2025   Mr. Fetterman  (for himself,  Mr. Cruz , and  Ms. Slotkin ) introduced the following bill; which was read twice and referred to the  Committee on Energy and Natural Resources    A BILL
To amend the Energy Policy and Conservation Act to prohibit the export or sale of petroleum products from the Strategic Petroleum Reserve to certain entities, and for other purposes.
1.
Short title
This Act may be cited as the   Banning SPR Oil Exports to Foreign Adversaries Act  .
2.
Prohibition on certain exports
(a)
In general
The Energy Policy and Conservation Act is amended by inserting after section 163 ( 42 U.S.C. 6243 ) the following:
164.
Prohibition on certain exports
(a)
In general
The Secretary shall prohibit the export or sale of petroleum products drawn down from the Strategic Petroleum Reserve, under any provision of law, to—
(1)
the People’s Republic of China;
(2)
the Democratic People’s Republic of Korea;
(3)
the Russian Federation;
(4)
the Islamic Republic of Iran; and
(5)
any entity that is under the ownership or control of—
(A)
a country referred to in any of paragraphs (1) through (4); or
(B)
the Chinese Communist Party.
(b)
Waiver
The Secretary may issue a waiver of the prohibition described in subsection (a) if the Secretary certifies that any export or sale authorized pursuant to the waiver is in the national security interests of the United States.
(c)
Rule
Not later than 60 days after the date of enactment of the  Banning SPR Oil Exports to Foreign Adversaries Act , the Secretary shall issue a rule to carry out this section.
 .
(b)
Conforming amendments
(1)
Drawdown and sale of petroleum products
Section 161(a) of the Energy Policy and Conservation Act ( 42 U.S.C. 6241(a) ) is amended by inserting  and section 164  before the period at the end.
(2)
Clerical amendment
The table of contents for the Energy Policy and Conservation Act is amended by inserting after the item relating to section 163 the following:
Sec. 164. Prohibition on certain exports.
  .
(3)
National Policy on Oil Export Restriction
Section 101(b) of the Consolidated Appropriations Act, 2016 ( 42 U.S.C. 6212a(b) ) is amended by inserting  and section 164 of the Energy Policy and Conservation Act  after  and (d) .