| 1 | 1 | | II |
|---|
| 2 | 2 | | 118THCONGRESS |
|---|
| 3 | 3 | | 2 |
|---|
| 4 | 4 | | DSESSION S. 4020 |
|---|
| 5 | 5 | | To amend the Energy Policy and Conservation Act to prohibit the export |
|---|
| 6 | 6 | | or sale of petroleum products from the Strategic Petroleum Reserve |
|---|
| 7 | 7 | | to certain entities, and for other purposes. |
|---|
| 8 | 8 | | IN THE SENATE OF THE UNITED STATES |
|---|
| 9 | 9 | | MARCH21, 2024 |
|---|
| 10 | 10 | | Mr. F |
|---|
| 11 | 11 | | ETTERMAN(for himself, Ms. ERNST, Mr. CASEY, Mr. BROWN, and Mr. |
|---|
| 12 | 12 | | C |
|---|
| 13 | 13 | | OTTON) introduced the following bill; which was read twice and referred |
|---|
| 14 | 14 | | to the Committee on Energy and Natural Resources |
|---|
| 15 | 15 | | A BILL |
|---|
| 16 | 16 | | To amend the Energy Policy and Conservation Act to pro- |
|---|
| 17 | 17 | | hibit the export or sale of petroleum products from the |
|---|
| 18 | 18 | | Strategic Petroleum Reserve to certain entities, and for |
|---|
| 19 | 19 | | other purposes. |
|---|
| 20 | 20 | | Be it enacted by the Senate and House of Representa-1 |
|---|
| 21 | 21 | | tives of the United States of America in Congress assembled, 2 |
|---|
| 22 | 22 | | SECTION 1. SHORT TITLE. 3 |
|---|
| 23 | 23 | | This Act may be cited as the ‘‘Banning Oil Exports 4 |
|---|
| 24 | 24 | | to Foreign Adversaries Act’’. 5 |
|---|
| 25 | 25 | | VerDate Sep 11 2014 21:45 Apr 05, 2024 Jkt 049200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S4020.IS S4020 |
|---|
| 26 | 26 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
|---|
| 27 | 27 | | •S 4020 IS |
|---|
| 28 | 28 | | SEC. 2. PROHIBITION ON CERTAIN EXPORTS. 1 |
|---|
| 29 | 29 | | (a) I |
|---|
| 30 | 30 | | NGENERAL.—The Energy Policy and Conserva-2 |
|---|
| 31 | 31 | | tion Act is amended by inserting after section 163 (42 3 |
|---|
| 32 | 32 | | U.S.C. 6243) the following: 4 |
|---|
| 33 | 33 | | ‘‘SEC. 164. PROHIBITION ON CERTAIN EXPORTS. 5 |
|---|
| 34 | 34 | | ‘‘(a) I |
|---|
| 35 | 35 | | NGENERAL.—The Secretary shall prohibit the 6 |
|---|
| 36 | 36 | | export or sale of petroleum products drawn down from the 7 |
|---|
| 37 | 37 | | Strategic Petroleum Reserve, under any provision of law, 8 |
|---|
| 38 | 38 | | to— 9 |
|---|
| 39 | 39 | | ‘‘(1) the People’s Republic of China; 10 |
|---|
| 40 | 40 | | ‘‘(2) the Democratic People’s Republic of 11 |
|---|
| 41 | 41 | | Korea; 12 |
|---|
| 42 | 42 | | ‘‘(3) the Russian Federation; 13 |
|---|
| 43 | 43 | | ‘‘(4) the Islamic Republic of Iran; 14 |
|---|
| 44 | 44 | | ‘‘(5) the Bolivarian Republic of Venezuela; 15 |
|---|
| 45 | 45 | | ‘‘(6) the Syrian Arab Republic; 16 |
|---|
| 46 | 46 | | ‘‘(7) the Republic of Cuba; and 17 |
|---|
| 47 | 47 | | ‘‘(8) any entity owned, controlled, or influenced 18 |
|---|
| 48 | 48 | | by— 19 |
|---|
| 49 | 49 | | ‘‘(A) a country referred to in any of para-20 |
|---|
| 50 | 50 | | graphs (1) through (7); or 21 |
|---|
| 51 | 51 | | ‘‘(B) the Chinese Communist Party. 22 |
|---|
| 52 | 52 | | ‘‘(b) W |
|---|
| 53 | 53 | | AIVER.—The Secretary may issue a waiver of 23 |
|---|
| 54 | 54 | | the prohibition described in subsection (a) if the Secretary 24 |
|---|
| 55 | 55 | | certifies that any export or sale authorized pursuant to 25 |
|---|
| 56 | 56 | | VerDate Sep 11 2014 21:45 Apr 05, 2024 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S4020.IS S4020 |
|---|
| 57 | 57 | | ssavage on LAPJG3WLY3PROD with BILLS 3 |
|---|
| 58 | 58 | | •S 4020 IS |
|---|
| 59 | 59 | | the waiver is in the national security interests of the 1 |
|---|
| 60 | 60 | | United States. 2 |
|---|
| 61 | 61 | | ‘‘(c) R |
|---|
| 62 | 62 | | ULE.—Not later than 60 days after the date 3 |
|---|
| 63 | 63 | | of enactment of the Banning Oil Exports to Foreign Ad-4 |
|---|
| 64 | 64 | | versaries Act, the Secretary shall issue a rule to carry out 5 |
|---|
| 65 | 65 | | this section.’’. 6 |
|---|
| 66 | 66 | | (b) C |
|---|
| 67 | 67 | | ONFORMINGAMENDMENTS.— 7 |
|---|
| 68 | 68 | | (1) D |
|---|
| 69 | 69 | | RAWDOWN AND SALE OF PETROLEUM 8 |
|---|
| 70 | 70 | | PRODUCTS.—Section 161(a) of the Energy Policy 9 |
|---|
| 71 | 71 | | and Conservation Act (42 U.S.C. 6241(a)) is 10 |
|---|
| 72 | 72 | | amended by inserting ‘‘and section 164’’ before the 11 |
|---|
| 73 | 73 | | period at the end. 12 |
|---|
| 74 | 74 | | (2) C |
|---|
| 75 | 75 | | LERICAL AMENDMENT .—The table of con-13 |
|---|
| 76 | 76 | | tents for the Energy Policy and Conservation Act is 14 |
|---|
| 77 | 77 | | amended by inserting after the item relating to sec-15 |
|---|
| 78 | 78 | | tion 163 the following: 16 |
|---|
| 79 | 79 | | ‘‘Sec. 164. Prohibition on certain exports.’’. |
|---|
| 80 | 80 | | Æ |
|---|
| 81 | 81 | | VerDate Sep 11 2014 21:45 Apr 05, 2024 Jkt 049200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\S4020.IS S4020 |
|---|
| 82 | 82 | | ssavage on LAPJG3WLY3PROD with BILLS |
|---|