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S393119th CongressWALLET

Banning SPR Oil Exports to Foreign Adversaries Act

Sponsored By: Senator Sen. Fetterman, John [D-PA]

Introduced

Summary

This bill would create a ban on Strategic Petroleum Reserve (SPR) exports to designated foreign adversaries. It forbids export or sale of petroleum products drawn from the SPR to China, North Korea, Russia, Iran, and to entities owned or controlled by those countries or the Chinese Communist Party, while providing a narrow waiver for national security and a 60‑day rulemaking deadline for the Energy Secretary.

Show full summary
  • Exporters and oil traders: Would be barred from exporting or selling SPR-drawn petroleum products to the named countries and to entities under their ownership or control.
  • Department of Energy: Would have to issue rules within 60 days to implement the prohibition and could grant exceptions if the Secretary certifies a national security interest.
  • Targeted foreign governments and controlled entities: Would lose access to petroleum products sourced from SPR draws under the ban.
  • Federal law and policy: Would add a new Sec. 164 to the Energy Policy and Conservation Act and update appropriations cross-references so the ban is codified in U.S. oil export law.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Ban Strategic Petroleum Reserve exports to adversaries

This bill would stop sales or exports of oil taken from the Strategic Petroleum Reserve (SPR) to China, North Korea, Russia, Iran, and to companies they own or control. The ban would apply to any export or sale of SPR-drawn petroleum under any law. The Secretary of Energy would have to issue a rule to carry out the ban within 60 days after enactment. The Secretary could waive the ban only by certifying that a specific sale or export is in U.S. national security interests. The bill would also update related laws so the ban is part of existing SPR export and appropriations rules.

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Sponsors & CoSponsors

Sponsor

Sen. Fetterman, John [D-PA]

PA • D

Cosponsors

  • Sen. Cruz, Ted [R-TX]

    TX • R

    Sponsored 2/4/2025

  • Rep. Slotkin, Elissa [D-MI-7]

    MI • D

    Sponsored 2/4/2025

  • Sen. Ernst, Joni [R-IA]

    IA • R

    Sponsored 6/2/2025

  • Sen. Gallego, Ruben [D-AZ]

    AZ • D

    Sponsored 6/2/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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