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No Restrictions on Crude Oil and Petroleum Product Exports

This U.S. Congressional resolution expresses the view that the federal government should not impose restrictions on the export of crude oil and other petroleum products. This means a continuation of free energy trade policies, which can impact fuel price stability, domestic product availability, and jobs in the energy sector.
Key points
Maintaining free export of crude oil and petroleum products supports domestic energy production and job creation.
An exception to free export applies to sanctioned countries, including state sponsors of terrorism, protecting national security.
Lack of overly restrictive regulations on energy resource exploration, production, and marketing aims to foster sector growth.
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Additional Information
Print number: 118_HCONRES_17
Sponsor: Rep. Guthrie, Brett [R-KY-2]
Process start date: 2023-02-17