Protecting America’s Strategic Petroleum Reserve from China Act
Source: Congress.gov ·
286 words in original text
What This Bill Does
This bill stops the Secretary of Energy from selling oil and gas products from the Strategic Petroleum Reserve (a government storage of oil for emergencies) to China. The bill also prevents the sale of these products to any company controlled by the Chinese Communist Party or any sale that might result in the products being exported to China.
Who It Affects
The Secretary of Energy is directly affected by this bill. Companies owned or controlled by the Chinese Communist Party cannot buy petroleum products from the Strategic Petroleum Reserve. Any other buyer of these products must agree not to send them to China.
Key Provisions
- The Secretary of Energy cannot sell petroleum products from the Strategic Petroleum Reserve to any entity under the ownership, control or influence of the Chinese Communist Party (Sec. 2)
- The Secretary of Energy cannot sell petroleum products from the Strategic Petroleum Reserve unless the buyer promises the products will not be exported to the People's Republic of China (Sec. 2)
What Changes
Current law allowed the Secretary of Energy to sell petroleum products from the Strategic Petroleum Reserve with fewer restrictions. This bill adds new rules that prohibit these sales to China-connected buyers and require conditions on all sales to prevent products from reaching China.
Important Definitions
None defined in the 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.