HR 256 · in committee · significant
SAVE Act
- foreign policy
What this bill does
- The bill bars the U.S. from selling Strategic Petroleum Reserve oil to companies based in Russia, Belarus, Burma, China, Cuba, Iran, North Korea, Syria, or Venezuela.
- This affects the Department of Energy's ability to sell reserve petroleum and limits access for foreign entities in sanctioned or adversarial nations.
- The restriction takes effect upon enactment and applies to all future petroleum sales from the Strategic Petroleum Reserve.
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Community Threads
Started by Cosponsor
- 01
How might restricting SPR sales to sanctioned nations affect U.S. energy prices and domestic oil market stability?
- 02
Which domestic refineries or energy companies currently purchase Strategic Petroleum Reserve oil, and how would this ban impact their operations?
- 03
What enforcement mechanisms would ensure foreign companies don't circumvent this restriction through intermediaries or shell corporations?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-OK-5
Stephanie I. Bice
Citizen cosponsors
0
In Congress
7/ 435
House Reps cosponsoring
Introduced 2025-01-09
Joining the bill
Legislative timeline
2025-01-09 · IntroReferral
Introduced in House
2025-01-09 · house · IntroReferral
Referred to the House Committee on Energy and Commerce.
2025-01-09 · IntroReferral
Introduced in House
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