← Back to results
Federal

CRUDE Act

Source: Congress.gov  ·  476 words in original text
This bill changes the rules for when the President can restrict or require licenses for exporting crude oil from the United States. The bill rewrites the conditions under which the President gains authority to limit crude oil exports. It is called the "Continuing Robust and Uninhibited Drilling and Exporting Act" or the "CRUDE Act."
The Secretary of Defense, the Secretary of Energy, and the Secretary of Commerce are directly involved in making findings about crude oil exports. The President receives the authority to declare restrictions on crude oil exports. Congress receives reports about these findings.
• The Secretaries of Defense, Energy, and Commerce must jointly find and report to the President and Congress that crude oil exports have caused sustained material shortages of oil or sustained oil prices significantly above world market levels directly caused by U.S. crude oil exports (Sec. 2) • These three Secretaries must also report that the supply shortages or price increases have caused or are likely to cause sustained material adverse effects on employment in the United States (Sec. 2) • The President must declare a national emergency based on these findings and formally announce the emergency declaration in the Federal Register before restricting crude oil exports (Sec. 2)
The bill replaces the previous conditions that allowed the President to restrict crude oil exports with a stricter process requiring joint findings from three Cabinet Secretaries, proof of specific economic harms, and a formal national emergency declaration published in the Federal Register.
None defined in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.