Crude Oil Export Act

To repeal the crude oil export ban under the Energy Policy and Conservation Act, and for other purposes. 1. Short title This Act may be cited as the Crude Oil Export Act 2. Crude oil exports (a) Repeal of presidential authority To restrict oil exports (1) In general Section 103 of the Energy Policy and Conservation Act ( 42 U.S.C. 6212 (2) Conforming amendments (A) Section 12 of the Alaska Natural Gas Transportation Act of 1976 ( 15 U.S.C. 719j (i) by striking and section 103 of the Energy Policy and Conservation Act (ii) by striking such Acts that Act (B) The Energy Policy and Conservation Act is amended— (i) in section 251 ( 42 U.S.C. 6271 (I) by striking subsection (d); and (II) by redesignating subsection (e) as subsection (d); and (ii) in section 523(a)(1) ( 42 U.S.C. 6393(a)(1) (other than section 103 thereof) (b) Repeal of limitations on exports of oil (1) In general Section 28 of the Mineral Leasing Act ( 30 U.S.C. 185 (A) by striking subsection (u); and (B) by redesignating subsections (v) through (y) as subsections (u) through (x), respectively. (2) Conforming amendments (A) Section 1107(c) of the Alaska National Interest Lands Conservation Act ( 16 U.S.C. 3167(c) (u) through (y) (u) through (x) (B) Section 23 of the Deep Water Port Act of 1974 ( 33 U.S.C. 1522 (C) Section 203(c) of the Trans-Alaska Pipeline Authorization Act ( 43 U.S.C. 1652(c) (w)(2), and (x)) (v)(2), and (w)) (D) Section 509(c) of the Public Utility Regulatory Policies Act of 1978 ( 43 U.S.C. 2009(c) subsection (w)(2) subsection (v)(2) (c) Repeal of limitations on export of OCS oil or gas Section 28 of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1354 (d) Termination of limitation on exportation of crude oil Section 7(d) of the Export Administration Act of 1979 ( 50 U.S.C. App. 2406(d) (e) Clarification of crude oil regulation (1) In general Section 754.2 (2) Crude oil license requirements The Bureau of Industry and Security of the Department of Commerce shall grant licenses to export to a country crude oil (as the term is defined in subsection (a) of the regulation referred to in paragraph (1)) (as in effect on the date that is 1 day before the date of enactment of this Act) unless— (A) the country is subject to sanctions or trade restrictions imposed by the United States; or (B) the President or Congress has designated the country as subject to exclusion for reasons of national security. (f) Presidential ban (1) Authority The President may, subject to paragraph (2), impose a ban on the export of crude oil from the United States for a period of not more than 90 days during a period of national emergency. Such ban may be renewed for additional periods during the period of national emergency. (2) Congressional Review Act The act of imposing or renewing a ban under paragraph (1) shall be considered a major rule subject to a resolution of disapproval under chapter 8 Congressional Review Act

Summary: Crude Oil Export Act - Amends the Energy Policy and Conservation Act to repeal the authority of the President to restrict exports of: (1) coal, petroleum products, natural gas, or petrochemical feedstocks, and (2) 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: (1) the limitation placed upon crude oil exports by the Export Administration Act of 1979, and (2) a specified regulation relating to crude oil. Directs the Bureau of Industry and Security of the Department of Commerce to grant licenses to export crude oil to a country unless: (1) the country is subject to sanctions or trade restrictions imposed by the United States, or (2) either the President or Congress has designated the country as subject to exclusion for reasons of national security. Authorizes the President, subject to a congressional resolution of disapproval, to ban the export of crude oil from the United States for a maximum period of 90 days during a national emergency. Permits renewal of such ban during periods of national emergency. Subjects any act of imposing or renewing a ban to a resolution of disapproval under the Congressional Review Act.