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Ban on Gas and Oil Exports to Selected Countries for Price Protection

This new act aims to protect American households from rising energy costs by prohibiting the export of liquefied natural gas and petroleum products to China, Russia, North Korea, and Iran. This could potentially stabilize energy prices in the US, but might also limit the availability of these products on international markets.
Key points
Export Ban: US companies are prohibited from selling liquefied natural gas and petroleum products to China, Russia, North Korea, and Iran.
Energy Price Protection: The goal is to lower or stabilize energy prices for American consumers by keeping resources within the country.
Severe Penalties for Violations: Breaking the ban carries very high financial penalties (up to $250 million or twice the transaction value) and prison sentences (up to 20 years).
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Introduced
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Additional Information
Print number: 119_S_1274
Sponsor: Sen. Merkley, Jeff [D-OR]
Process start date: 2025-04-03
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protecting American Households From Rising Energy Costs Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1274.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-04-03.

What are the main provisions?

Key points include:

  • Export Ban: US companies are prohibited from selling liquefied natural gas and petroleum products to China, Russia, North Korea, and Iran.
  • Energy Price Protection: The goal is to lower or stabilize energy prices for American consumers by keeping resources within the country.
  • Severe Penalties for Violations: Breaking the ban carries very high financial penalties (up to $250 million or twice the transaction value) and prison sentences (up to 20 years).
What is the specific legal status?

The current status is Introduced.

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. Merkley, Jeff [D-OR].

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 2025-12-23.

CATEGORIES

Economy Security