US SB1372 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 19 2015 - 25% progression, died in committee
Action: 2015-05-19 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3062-3063)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 19 2015 - 25% progression, died in committee
Action: 2015-05-19 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3062-3063)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
American Crude Oil Export Equality Act Amends the Energy Policy and Conservation Act to repeal the authority of the President to restrict exports of: coal, petroleum products, natural gas, or petrochemical feedstocks; and materials or equipment which he determines necessary for either exploration, production, refining, or transportation of energy supplies, or for construction or maintenance of energy facilities within the United States. Amends the Mineral Leasing Act to repeal limitations on exports of oil. Amends the Outer Continental Shelf Lands Act to repeal limitations on export of Outer Continental Shelf oil or gas on the lands within its purview. Declares without force or effect: the limitation placed upon crude oil exports by the Export Administration Act of 1979, and a specified regulation relating to crude oil (but retains its full force and effect with respect to crude oil exports from the Strategic Petroleum Reserve [SPR]). Requires a license from the Bureau of Industry and Security of the Department of Commerce for export to a country of crude oil only if: the country is subject to sanctions or trade restrictions imposed by the United States, the President or Congress has designated the country as subject to exclusion for reasons of national security, or the export concerns the withdrawal of crude oil from the SPR. Authorizes the President to ban crude oil exports from the United States during a national emergency for a maximum period of one year (renewable for additional one-year periods) if certain circumstances exist. Directs the Governmental Accountability Office to conduct annual reviews of: energy production in the United States; and the effects, if any, of crude oil exports from the United States on consumers, independent refiners, and shipbuilding and ship repair yards.
Title
American Crude Oil Export Equality Act
Sponsors
Sen. Heidi Heitkamp [D-ND] | Sen. Lisa Murkowski [R-AK] | Sen. Joe Manchin [D-WV] | Sen. Bob Corker [R-TN] |
History
Date | Chamber | Action |
---|---|---|
2015-05-19 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3062-3063) |
Same As/Similar To
HB156 (Related) 2015-03-02 - Referred to the Subcommittee on Energy and Mineral Resources.
SB2011 (Related) 2015-09-09 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 217.
SB2011 (Related) 2015-09-09 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 217.
Subjects
Congressional oversight
Consumer affairs
Energy prices
Energy storage, supplies, demand
Foreign trade and international finance
Government studies and investigations
Licensing and registrations
Marine and inland water transportation
Oil and gas
Presidents and presidential powers, Vice Presidents
Strategic materials and reserves
Trade restrictions
Unemployment
War and emergency powers
Consumer affairs
Energy prices
Energy storage, supplies, demand
Foreign trade and international finance
Government studies and investigations
Licensing and registrations
Marine and inland water transportation
Oil and gas
Presidents and presidential powers, Vice Presidents
Strategic materials and reserves
Trade restrictions
Unemployment
War and emergency powers
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/1372/all-info |
Text | https://www.congress.gov/114/bills/s1372/BILLS-114s1372is.pdf |