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Gasoline Export Ban: Protecting Fuel Prices in the US

This bill aims to prohibit the export of gasoline from the United States during periods of high fuel prices. This could potentially help stabilize domestic gasoline prices, impacting citizens' daily transportation costs. The President may grant exceptions to this ban if deemed consistent with national interest.
Key points
The gasoline export ban will be in effect when the average US gasoline price is $3.12 per gallon or higher for 7 consecutive days.
The ban will end when the average price falls below $3.12 per gallon for 7 consecutive days.
The President has the authority to make exceptions to the ban if deemed necessary for national interest.
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Additional Information
Print number: 118_HR_10531
Sponsor: Rep. Khanna, Ro [D-CA-17]
Process start date: 2024-12-19