HR1850119th CongressWALLET

CRUDE Act

Sponsored By: Representative Arrington, Jodey C. [R-TX-19]

Introduced

Summary

This bill would make it harder to impose limits on U.S. crude oil exports by requiring a joint finding by three cabinet secretaries and a presidential national emergency declaration. It ties any export licensing requirements to an official report that shows exports caused sustained domestic supply shortages or prices above world levels and that those conditions caused or threaten sustained, material job losses.

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Bill Overview

Analyzed Economic Effects

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

Harder to restrict crude oil exports

This bill would make it harder for the government to limit U.S. crude oil exports. The Defense, Energy, and Commerce secretaries would have to jointly report that exports caused long‑lasting, major U.S. oil shortages or prices well above world levels. They must also find these conditions caused, or are likely to cause, sustained job losses. The President would then need to declare a national emergency and publish it in the Federal Register before limits could apply. The bill would remove an older alternate path for imposing export limits. This could help oil producers and exporters, but could also reduce a tool to manage fuel prices for households and businesses.

Sponsors & CoSponsors

Sponsor

Arrington, Jodey C. [R-TX-19]

TX • R

Cosponsors

  • Rep. Weber, Randy K. Sr. [R-TX-14]

    TX • R

    Sponsored 3/5/2025

  • Rep. Fallon, Pat [R-TX-4]

    TX • R

    Sponsored 3/5/2025

  • Rep. Newhouse, Dan [R-WA-4]

    WA • R

    Sponsored 3/5/2025

  • Crenshaw

    TX • R

    Sponsored 3/5/2025

Roll Call Votes

No roll call votes available for this bill.

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