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Restrictions on Selling US Strategic Petroleum Reserve Oil.

This law introduces new rules for selling oil from the US Strategic Petroleum Reserve (SPR) to enhance national energy and political security. Oil sold at auction cannot be exported to countries designated as violating religious freedom. Furthermore, state-owned entities that have purchased oil from countries under US sanctions will be barred from bidding on SPR reserves.
Key points
Oil from the US Strategic Petroleum Reserve cannot be exported to countries designated as violating religious freedom ("countries of particular concern").
State-owned entities that have purchased oil from sanctioned countries are ineligible to bid in SPR auctions.
The goal is to protect US energy reserves and prevent them from benefiting entities supporting sanctioned regimes.
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Expired
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Additional Information
Print number: 118_S_11
Sponsor: Sen. Barrasso, John [R-WY]
Process start date: 2023-01-23
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SAFER Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_11.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-01-23.

What are the main provisions?

Key points include:

  • Oil from the US Strategic Petroleum Reserve cannot be exported to countries designated as violating religious freedom ("countries of particular concern").
  • State-owned entities that have purchased oil from sanctioned countries are ineligible to bid in SPR auctions.
  • The goal is to protect US energy reserves and prevent them from benefiting entities supporting sanctioned regimes.
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. Barrasso, John [R-WY].

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 2025-12-26.

CATEGORIES

Economy Security