Ban on Exporting Strategic Petroleum Reserve Oil to Certain Countries
New rules aim to prevent the sale of crude oil from U.S. strategic reserves to countries considered adversaries. This means oil from these reserves cannot be exported to China, Russia, North Korea, or Iran, unless the Secretary of Energy deems it necessary for U.S. national security. The goal is to protect the nation's energy resources and prevent their use by undesirable entities.
Key points
Crude oil from the U.S. Strategic Petroleum Reserve cannot be sold or exported to China, Russia, North Korea, and Iran.
The Secretary of Energy can only waive this ban in exceptional cases, if deemed crucial for U.S. national security.
The act also requires a report on the destination of crude oil sold from the Strategic Petroleum Reserve since November 2021.
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.