Save America’s Valuable Energy Act or the SAVE Act
This bill directs the Department of Energy (DOE) to prohibit the sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve (SPR) to certain entities. Specifically, DOE must prohibit the sale of petroleum products from the SPR to entities headquartered in Russia. Further, DOE must prohibit the sale of petroleum products from the SPR to entities headquartered in countries (Belarus, Burma, China, Cuba, Iran, North Korea, Syria, and Venezuela) that are subject to certain prohibitions concerning exports of defense articles and services under the Department of State's International Traffic in Arms Regulations.
[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 59 Introduced in House (IH)]
<DOC>
118th CONGRESS
1st Session
H. R. 59
To prohibit the sale of petroleum products from the Strategic Petroleum
Reserve to certain entities, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 9, 2023
Mrs. Bice (for herself, Mr. Waltz, Mr. Posey, Ms. Salazar, Mr. Baird,
Mr. Allen, and Mr. Valadao) introduced the following bill; which was
referred to the Committee on Energy and Commerce
_______________________________________________________________________
A BILL
To prohibit the 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 ``Save America's Valuable Energy Act''
or the ``SAVE Act''.
SEC. 2. PROHIBITION AGAINST SELLING SPR PETROLEUM PRODUCTS TO CERTAIN
ENTITIES.
(a) Prohibition.--The Energy Policy and Conservation Act is amended
by inserting after section 169 (42 U.S.C. 6247b) the following:
``SEC. 170. PROHIBITION ON SALES TO CERTAIN ENTITIES.
``The Secretary shall prohibit the sale of petroleum products drawn
down from the Strategic Petroleum Reserve, under any provision of law,
to any entity headquartered in--
``(1) a country listed in table 1 to paragraph (d)(1) under
section 126.1 of title 22, Code of Federal Regulations, as in
effect on the date of enactment of this section; or
``(2) Russia.''.
(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 170'' before the
period at the end.
(2) Table of contents.--The table of contents for the
Energy Policy and Conservation Act is amended by inserting
after the item relating to section 169 the following:
``Sec. 170. Prohibition on sales to certain entities.''.
<all>
Introduced in House
Introduced in House
Referred to the Subcommittee on Energy, Climate and Grid Security.
Referred to the House Committee on Energy and Commerce.
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