[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 4020 Introduced in Senate (IS)]

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118th CONGRESS
  2d Session
                                S. 4020

To amend the Energy Policy and Conservation Act to prohibit the export 
 or sale of petroleum products from the Strategic Petroleum Reserve to 
               certain entities, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 21, 2024

 Mr. Fetterman (for himself, Ms. Ernst, Mr. Casey, Mr. Brown, and Mr. 
    Cotton) introduced the following bill; which was read twice and 
       referred to the Committee on Energy and Natural Resources

_______________________________________________________________________

                                 A BILL


 
To amend the Energy Policy and Conservation Act to prohibit the export 
 or sale of petroleum products from the Strategic Petroleum Reserve to 
               certain entities, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Banning Oil Exports to Foreign 
Adversaries Act''.

SEC. 2. PROHIBITION ON CERTAIN EXPORTS.

    (a) In General.--The Energy Policy and Conservation Act is amended 
by inserting after section 163 (42 U.S.C. 6243) the following:

``SEC. 164. PROHIBITION ON CERTAIN EXPORTS.

    ``(a) In General.--The Secretary shall prohibit the export or sale 
of petroleum products drawn down from the Strategic Petroleum Reserve, 
under any provision of law, to--
            ``(1) the People's Republic of China;
            ``(2) the Democratic People's Republic of Korea;
            ``(3) the Russian Federation;
            ``(4) the Islamic Republic of Iran;
            ``(5) the Bolivarian Republic of Venezuela;
            ``(6) the Syrian Arab Republic;
            ``(7) the Republic of Cuba; and
            ``(8) any entity owned, controlled, or influenced by--
                    ``(A) a country referred to in any of paragraphs 
                (1) through (7); or
                    ``(B) the Chinese Communist Party.
    ``(b) Waiver.--The Secretary may issue a waiver of the prohibition 
described in subsection (a) if the Secretary certifies that any export 
or sale authorized pursuant to the waiver is in the national security 
interests of the United States.
    ``(c) Rule.--Not later than 60 days after the date of enactment of 
the Banning Oil Exports to Foreign Adversaries Act, the Secretary shall 
issue a rule to carry out this section.''.
    (b) Conforming Amendments.--
            (1) Drawdown and sale of petroleum products.--Section 
        161(a) of the Energy Policy and Conservation Act (42 U.S.C. 
        6241(a)) is amended by inserting ``and section 164'' before the 
        period at the end.
            (2) Clerical amendment.--The table of contents for the 
        Energy Policy and Conservation Act is amended by inserting 
        after the item relating to section 163 the following:

``Sec. 164. Prohibition on certain exports.''.
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