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Ban on Oil and Gas Exports: Impact on Energy Prices and Availability.

This bill aims to reinstate the ban on exporting crude oil and natural gas produced in the United States. This means more energy could remain domestically, potentially affecting fuel prices and energy availability for citizens. The President would have the power to grant exemptions to this ban under specific circumstances.
Key points
Most US-produced oil and gas would be required to stay domestically, potentially lowering fuel prices.
The President can allow oil and gas exports if deemed consistent with national interest.
The bill could influence transportation and heating costs for households.
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Expired
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Additional Information
Print number: 117_S_1415
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2021-04-28
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

BAN Oil Exports Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1415.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-04-28.

What are the main provisions?

Key points include:

  • Most US-produced oil and gas would be required to stay domestically, potentially lowering fuel prices.
  • The President can allow oil and gas exports if deemed consistent with national interest.
  • The bill could influence transportation and heating costs for households.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Markey, Edward J. [D-MA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Environment