[Congressional Record Volume 170, Number 115 (Thursday, July 11, 2024)]
[Senate]
[Page S5033]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2766. Mr. CRUZ submitted an amendment intended to be proposed by 
him to the bill S. 4638, to authorize appropriations for fiscal year 
2025 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. _____. PROHIBITION ON SALES OF PETROLEUM PRODUCTS FROM 
                   THE STRATEGIC PETROLEUM RESERVE TO CERTAIN 
                   COUNTRIES.

       (a) Prohibitions.--Notwithstanding any other provision of 
     law, unless a waiver has been issued under subsection (b), 
     the Secretary of Energy shall not draw down and sell 
     petroleum products from the Strategic Petroleum Reserve--
       (1) to any entity that is under the ownership or control of 
     the Chinese Communist Party, the People's Republic of China, 
     the Russian Federation, the Democratic People's Republic of 
     Korea, or the Islamic Republic of Iran; or
       (2) except on the condition that such petroleum products 
     will not be exported to the People's Republic of China, the 
     Russian Federation, the Democratic People's Republic of 
     Korea, or the Islamic Republic of Iran.
       (b) Waiver.--
       (1) In general.--On application by a bidder, the Secretary 
     of Energy may waive, prior to the date of the applicable 
     auction, the prohibitions described in subsection (a) with 
     respect to the sale of crude oil to that bidder at that 
     auction.
       (2) Requirement.--The Secretary of Energy may issue a 
     waiver under this subsection only if the Secretary determines 
     that the waiver is in the interest of the national security 
     of the United States.
       (3) Applications.--A bidder seeking a waiver under this 
     subsection shall submit to the Secretary of Energy an 
     application by such date, in such form, and containing such 
     information as the Secretary of Energy may require.
       (4) Notice to congress.--Not later than 15 days after 
     issuing a waiver under this subsection, the Secretary of 
     Energy shall provide a copy of the waiver to the Committee on 
     Energy and Natural Resources of the Senate and the Committee 
     on Energy and Commerce of the House of Representatives.
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