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S. 4515

No Emergency Crude Oil for Foreign Adversaries Act

No Emergency Crude Oil for Foreign Adversaries Act

This bill prohibits exports of crude oil from the Strategic Petroleum Reserve (SPR) to China, Russia, North Korea, and Iran. Specifically, the bill directs the Department of Energy (DOE) to require as a condition of any sale of crude oil from the SPR that the oil not be exported to such countries. However, DOE may issue a waiver of the prohibition if the sale of crude oil is in the national security interests of the United States.

In addition, DOE must report on (1) the route to destination and place of refinement of all crude oil sold at auction from the SPR since November 23, 2021, and (2) the ownership of the refinement facilities at which such crude oil was refined.

Committee on Energy and Natural Resources. Hearings held.

Sen. Cruz, Ted [R-TX](R-TX)Sponsor
11 cosponsors11 R
11cosponsors1committees3actions1related bills11subjects
  1. Committee

    Committee on Energy and Natural Resources. Hearings held.

    Energy and Natural Resources Committee
  2. IntroReferral

    Read twice and referred to the Committee on Energy and Natural Resources.

    Energy and Natural Resources Committee
  3. IntroReferral10000

    Introduced in Senate

No Emergency Crude Oil for Foreign Adversaries Act — Informed