118 S11 IS: Secure Auction For Energy Reserves Act of 2023 U.S. Senate 2023-01-23 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II118th CONGRESS1st SessionS. 11IN THE SENATE OF THE UNITED STATESJanuary 23 (legislative day, January 3), 2023Mr. Barrasso (for himself and Ms. Collins) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural ResourcesA BILLTo amend the Energy Policy and Conservation Act to require the Secretary of Energy to stipulate, as a condition on the sale at auction of any petroleum products from the Strategic Petroleum Reserve, that the petroleum products not be exported to certain countries, to prohibit such sales to certain state-owned entities, and for other purposes.

1.

Short title

This Act may be cited as the Secure Auction For Energy Reserves Act of 2023 or the SAFER Act of 2023.

2.

Prohibition on export of Strategic Petroleum Reserve petroleum products to certain countries and sales to certain state-owned entities

Section 161(i) of the Energy Policy and Conservation Act (42 U.S.C. 6241(i)) is amended—(1)by striking (i) Notwithstanding any other law and inserting the following:(i)

Refine or exchange outside the United States

(1)

In general

Notwithstanding any other provision of law and subject to paragraphs (2) and (3); and(2) by adding at the end the following:(2)

Prohibition on export of Strategic Petroleum Reserve petroleum products to certain countries

Notwithstanding any other provision of law, with respect to the drawdown and sale at auction of any petroleum products from the Reserve under this section after the date of enactment of this paragraph, the Secretary shall require, as a condition of the sale, that the petroleum products not be exported to a country that is designated as a country of particular concern for religious freedom under clause (ii) of section 402(b)(1)(A) of the International Religious Freedom Act of 1998 (22 U.S.C. 6442(b)(1)(A)).(3)

Requirements applicable to certain state-owned entities

Notwithstanding any other provision of law, with respect to the drawdown and sale at auction of any petroleum products from the Reserve under this section after the date of enactment of this paragraph, if the Secretary determines that, as of the date of the auction, there is in effect a United States ban on, or the imposition of sanctions by the United States with respect to, the purchase of crude oil from 1 or more countries—(A)to be eligible to bid in the auction, a state-owned entity shall submit to the Secretary a certification that the state-owned entity has not purchased petroleum products from any country subject to such a ban or sanctions later than 15 days after the date on which the ban or sanctions went into effect; and(B)if the Secretary determines that a state-owned entity participating in the auction has purchased crude oil from a country subject to such a ban or sanctions later than 15 days after the date on which the ban or sanctions went into effect, the Secretary shall not sell petroleum products from the Reserve to the state-owned entity under the auction..