A bill to ensure that oil transported through the Keystone XL pipeline into the United States is used to reduce United States dependence on Middle Eastern oil.

Bill: 115-s-753
Sponsor: full_name: Sen. Markey, Edward J. [D-MA]
Introduced: 2017-03-28
Policy area: Energy
Subjects: Canada

Energy prices

Energy storage, supplies, demand

Motor fuels

Oil and gas

Pipelines

Presidents and presidential powers, Vice Presidents

Trade restrictions
Latest action: action_date: 2017-03-28
text: Read twice and referred to the Committee on Energy and Natural Resources.

Summaries:
action_date: 2017-03-28
action_desc: Introduced in Senate
text: <p>This bill requires the Department of Energy to ensure that any crude oil, bitumen, and refined petroleum products transported into the United States through the Keystone XL pipeline will be entered into domestic commerce for use as fuel or the manufacture of another product.</p> <p>The President may waive the requirement in specified circumstances, including where: (1)a waiver is in the national interest; (2)an exchange of crude oil or petroleum products provides no net loss of these products domestically; or (3) a waiver is necessary under the Constitution, a law, or an international agreement.</p>

tv_txt: II 115th CONGRESS 1st Session S. 753 IN THE SENATE OF THE UNITED STATES March 28, 2017 Mr. Markey introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To ensure that oil transported through the Keystone XL pipeline into the United States is used to reduce United States dependence on Middle Eastern oil.

1. Energy security (a) In general Subject to subsection (b), the Secretary of Energy shall ensure that any crude oil and bitumen transported into the United States by the Keystone XL pipeline, and all refined petroleum fuel products originating from that crude oil or bitumen, will be entered into domestic commerce in the United States for— (1) use as a fuel; or (2) the manufacture of another product. (b) Waivers authorized The President may waive the requirement described in subsection (a) if— (1) the President determines that a waiver is in the national interest because it— (A) will not lead to an increase in domestic consumption of crude oil or refined petroleum products obtained from countries hostile to United States interests or with political and economic instability that compromises energy supply security; (B) will not lead to higher costs to refiners who purchase the crude oil than the refiners would pay for crude oil in the absence of the waiver; and (C) will not lead to higher gasoline costs to consumers than consumers would pay in the absence of the waiver; (2) an exchange of crude oil or refined product provides for no net loss of crude oil or refined product consumed domestically; or (3) a waiver is necessary under the Constitution, a law, or an international agreement.