SAVE Act

Bill: 119-hr-256
Sponsor: full_name: Rep. Bice, Stephanie I. [R-OK-5]
Introduced: 2025-01-09
Policy area: Energy
Latest action: action_date: 2025-01-09
text: Referred to the House Committee on Energy and Commerce.

Summaries:
action_date: 2025-01-09
action_desc: Introduced in House
text: <p><strong>Save America’s Valuable Energy Act or the SAVE Act</strong></p><p>This bill directs the Department of Energy to prohibit the sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve to entities headquartered in Russia,&nbsp;Belarus, Burma, China, Cuba, Iran, North Korea, Syria, or&nbsp;Venezuela.</p>

tv_txt: I 119th CONGRESS 1st Session H. R. 256 IN THE HOUSE OF REPRESENTATIVES January 9, 2025 Mrs. Bice (for herself, Mr. Baird , Mr. Valadao , Mr. Johnson of South Dakota , Mr. Owens , Mr. Mann , Mr. Rutherford , and Mr. Donalds ) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To prohibit the sale of petroleum products from the Strategic Petroleum Reserve to certain entities, and for other purposes.

1. Short title This Act may be cited as the Save America’s Valuable Energy Act or the SAVE Act . 2. Prohibition against selling SPR petroleum products to certain entities (a) Prohibition The Energy Policy and Conservation Act is amended by inserting after section 169 ( 42 U.S.C. 6247b ) the following: 170. Prohibition on sales to certain entities The Secretary shall prohibit the sale of petroleum products drawn down from the Strategic Petroleum Reserve, under any provision of law, to any entity headquartered in— (1) a country listed in table 1 to paragraph (d)(1) under section 126.1 of title 22, Code of Federal Regulations, as in effect on the date of enactment of this section; or (2) Russia. . (b) Conforming amendments (1) Drawdown and sale of petroleum products Section 161(a) of the Energy Policy and Conservation Act ( 42 U.S.C. 6241(a) ) is amended by inserting and section 170 before the period at the end. (2) Table of contents The table of contents for the Energy Policy and Conservation Act is amended by inserting after the item relating to section 169 the following: Sec. 170. Prohibition on sales to certain entities. .