To adapt to changing crude oil market conditions.

Bill: 114-hr-666
Sponsor: full_name: Rep. Barton, Joe [R-TX-6]
Introduced: 2015-02-03
Policy area: Energy
Subjects: Coal

Congressional oversight

Energy storage, supplies, demand

Government studies and investigations

Oil and gas

Strategic materials and reserves

Trade restrictions
Latest action: action_date: 2015-02-06
text: Referred to the Subcommittee on Energy and Power.

Summaries:
action_date: 2015-02-03
action_desc: Introduced in House
text: <p>Amends the Energy Policy and Conservation Act to repeal authority to restrict the export of: (1) coal, petroleum products, natural gas, or petrochemical feedstocks; and (2) supplies of materials or equipment necessary to maintain or further exploration, production, refining, or transportation of energy supplies, or for the construction or maintenance of energy facilities within the United States.</p> <p>Prohibits any federal official from imposing or enforcing any restriction on the export of crude oil. </p> <p>Requires the Secretary of Energy to study and make recommendations on the appropriate size, composition, and purpose of the Strategic Petroleum Reserve. </p>

tv_txt: I 114th CONGRESS 1st Session H. R. 666 IN THE HOUSE OF REPRESENTATIVES February 3, 2015 Mr. Barton (for himself, Mr. Conaway , Mr. Wilson of South Carolina , Mr. Chabot , Mr. Bridenstine , Mr. Franks of Arizona , Mrs. Blackburn , Mr. Salmon , Mr. Pittenger , Mr. Flores , Mr. Neugebauer , Mr. Carter of Texas , and Mr. Cramer ) introduced the following bill; which was referred to the Committee on Energy and Commerce , and in addition to the Committee on Foreign Affairs , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To adapt to changing crude oil market conditions.

1. Findings The Congress finds that— (1) the United States has enjoyed a renaissance in energy production, establishing the United States as the world’s leading oil producer; (2) the United States upholds a commitment to free trade and open markets and has consistently opposed attempts by other nations to restrict the free flow of energy; and (3) the United States should remove all restrictions on the export of crude oil, which will provide domestic economic benefits, enhanced energy security, and flexibility in foreign diplomacy. 2. Repeal Section 103 of the Energy Policy and Conservation Act ( 42 U.S.C. 6212 ) and the item relating thereto in the table of contents of that Act are repealed. 3. National policy on oil export restriction Notwithstanding any other provision of law, to promote the efficient exploration, production, storage, supply, marketing, pricing, and regulation of energy resources, including fossil fuels, no official of the Federal Government shall impose or enforce any restriction on the export of crude oil. 4. Study and recommendations Not later than 120 days after the date of enactment of this Act, the Secretary of Energy shall conduct a study and transmit to the Committee on Energy and Commerce of the House of Representatives and the Committee on Energy and Natural Resources of the Senate recommendations on the appropriate size, composition, and purpose of the Strategic Petroleum Reserve.