Bill Sponsor
BILLSPONSOR
Bill Sponsor
Politicians
Bills
Senate Bill 4020
118th Congress(2023-2024)
Banning Oil Exports to Foreign Adversaries Act
Introduced
Introduced
Introduced in Senate on Mar 21, 2024
Overview
Text
Introduced in Senate 
Mar 21, 2024
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in Senate(Mar 21, 2024)
Mar 21, 2024
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
S. 4020 (Introduced-in-Senate)


118th CONGRESS
2d Session
S. 4020


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.

IN THE SENATE OF THE UNITED STATES

March 21, 2024

Mr. Fetterman (for himself, Ms. Ernst, Mr. Casey, Mr. Brown, and Mr. Cotton) 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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Banning Oil Exports to Foreign Adversaries Act”.

SEC. 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:

“SEC. 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;

“(5) the Bolivarian Republic of Venezuela;

“(6) the Syrian Arab Republic;

“(7) the Republic of Cuba; and

“(8) any entity owned, controlled, or influenced by—

“(A) a country referred to in any of paragraphs (1) through (7); 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 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.”.