Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB4020 Latest Draft

Bill / Introduced Version Filed 04/08/2024

                            II 
118THCONGRESS 
2
DSESSION 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 
MARCH21, 2024 
Mr. F
ETTERMAN(for himself, Ms. ERNST, Mr. CASEY, Mr. BROWN, and Mr. 
C
OTTON) 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 pro-
hibit 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 Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Banning Oil Exports 4
to Foreign Adversaries Act’’. 5
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SEC. 2. PROHIBITION ON CERTAIN EXPORTS. 1
(a) I
NGENERAL.—The Energy Policy and Conserva-2
tion Act is amended by inserting after section 163 (42 3
U.S.C. 6243) the following: 4
‘‘SEC. 164. PROHIBITION ON CERTAIN EXPORTS. 5
‘‘(a) I
NGENERAL.—The Secretary shall prohibit the 6
export or sale of petroleum products drawn down from the 7
Strategic Petroleum Reserve, under any provision of law, 8
to— 9
‘‘(1) the People’s Republic of China; 10
‘‘(2) the Democratic People’s Republic of 11
Korea; 12
‘‘(3) the Russian Federation; 13
‘‘(4) the Islamic Republic of Iran; 14
‘‘(5) the Bolivarian Republic of Venezuela; 15
‘‘(6) the Syrian Arab Republic; 16
‘‘(7) the Republic of Cuba; and 17
‘‘(8) any entity owned, controlled, or influenced 18
by— 19
‘‘(A) a country referred to in any of para-20
graphs (1) through (7); or 21
‘‘(B) the Chinese Communist Party. 22
‘‘(b) W
AIVER.—The Secretary may issue a waiver of 23
the prohibition described in subsection (a) if the Secretary 24
certifies that any export or sale authorized pursuant to 25
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the waiver is in the national security interests of the 1
United States. 2
‘‘(c) R
ULE.—Not later than 60 days after the date 3
of enactment of the Banning Oil Exports to Foreign Ad-4
versaries Act, the Secretary shall issue a rule to carry out 5
this section.’’. 6
(b) C
ONFORMINGAMENDMENTS.— 7
(1) D
RAWDOWN AND SALE OF PETROLEUM 8
PRODUCTS.—Section 161(a) of the Energy Policy 9
and Conservation Act (42 U.S.C. 6241(a)) is 10
amended by inserting ‘‘and section 164’’ before the 11
period at the end. 12
(2) C
LERICAL AMENDMENT .—The table of con-13
tents for the Energy Policy and Conservation Act is 14
amended by inserting after the item relating to sec-15
tion 163 the following: 16
‘‘Sec. 164. Prohibition on certain exports.’’. 
Æ 
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