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Banning SPR Oil Exports to Foreign Adversaries Act

Bill Number
S. 393
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Energy
Status
Introduced
Latest Action
2025-02-04: Read twice and referred to the Committee on Energy and Natural Resources.
Last Updated
2026-03-24T12:48:03Z

AI-Generated Summary

Purpose

The "Banning SPR Oil Exports to Foreign Adversaries Act" aims to protect U.S. national security by restricting the export or sale of oil from the Strategic Petroleum Reserve (SPR)—a U.S. government stockpile of emergency crude oil and petroleum products—to countries and entities considered foreign adversaries. This prevents such oil from potentially benefiting nations hostile to U.S. interests.

Key Provisions

Significant Changes to Existing Law

These changes close potential loopholes by explicitly naming adversaries and extending the ban to controlled entities, going beyond general export controls.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Fetterman, John [D-PA]

Cosponsors (4)

Sen. Cruz, Ted [R-TX], Sen. Slotkin, Elissa [D-MI], Sen. Ernst, Joni [R-IA], Sen. Gallego, Ruben [D-AZ]

Recent Actions

Bill Versions

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