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H.R. 9560

Petroleum Price Reduction Act

Petroleum Price Reduction Act

This bill requires the President to prohibit exports of crude oil and finished oil products (other than natural gas) whenever the price for crude oil exceeds a specified threshold. The President may waive the prohibition in certain circumstances.

Referred to the House Committee on Foreign Affairs.

Rep. Sherman, Brad [D-CA-30](D-CA)Sponsor
3 cosponsors3 D
3cosponsors1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Foreign Affairs.

    Foreign Affairs Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Petroleum Price Reduction Act — Informed