To adapt to changing crude oil market conditions.

Amends the Energy Policy and Conservation Act to repeal authority to restrict the export of: (1) coal, petroleum products, natural gas, or petrochemical feedstocks; and (2) supplies of materials or equipment necessary to maintain or further exploration, production, refining, or transportation of energy supplies, or for the construction or maintenance of energy facilities within the United States.

Prohibits any federal official from imposing or enforcing any restriction on the export of crude oil.

Requires the Secretary of Energy (DOE) to study and make recommendations on the appropriate size, composition, and purpose of the Strategic Petroleum Reserve.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5814 Introduced in House (IH)]

113th CONGRESS
  2d Session
                                H. R. 5814

           To adapt to changing crude oil market conditions.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            December 9, 2014

 Mr. Barton (for himself and Mr. Bridenstine) introduced the following 
 bill; which was referred to the Committee on Energy and Commerce, and 
  in addition to the Committee on Foreign Affairs, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
           To adapt to changing crude oil market conditions.

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

SECTION 1. FINDINGS.

    The Congress finds that--
            (1) the United States has enjoyed a renaissance in energy 
        production, establishing the United States as the world's 
        leading oil producer;
            (2) the United States upholds a commitment to free trade 
        and open markets and has consistently opposed attempts by other 
        nations to restrict the free flow of energy; and
            (3) the United States should remove all restrictions on the 
        export of crude oil, which will provide domestic economic 
        benefits, enhanced energy security, and flexibility in foreign 
        diplomacy.

SEC. 2. REPEAL.

    Section 103 of the Energy Policy and Conservation Act (42 U.S.C. 
6212) and the item relating thereto in the table of contents of that 
Act are repealed.

SEC. 3. NATIONAL POLICY ON OIL EXPORT RESTRICTION.

    Notwithstanding any other provision of law, to promote the 
efficient exploration, production, storage, supply, marketing, pricing, 
and regulation of energy resources, including fossil fuels, no official 
of the Federal Government shall impose or enforce any restriction on 
the export of crude oil.

SEC. 4. STUDY AND RECOMMENDATIONS.

    Not later than 120 days after the date of enactment of this Act, 
the Secretary of Energy shall conduct a study and transmit to the 
Committee on Energy and Commerce of the House of Representatives and 
the Committee on Energy and Natural Resources of the Senate 
recommendations on the appropriate size, composition, and purpose of 
the Strategic Petroleum Reserve.
                                 <all>