Protecting America’s Strategic Petroleum Reserve from China Act
Source: Congress.gov ·
330 words in original text
What This Bill Does
This bill prevents the Secretary of Energy from selling oil and gas products stored in the Strategic Petroleum Reserve (a government stockpile of petroleum) to China or to any company owned or controlled by China. The bill also prevents the sale of these petroleum products to buyers who plan to send them to China.
Who It Affects
The Secretary of Energy is directly affected by this bill. Oil and gas companies that buy from the Strategic Petroleum Reserve could be affected. Any entity owned or controlled by the Chinese Communist Party or the People's Republic of China would be affected.
Key Provisions
• The Secretary of Energy cannot sell petroleum products from the Strategic Petroleum Reserve to any company or organization owned or controlled by the Chinese Communist Party or the People's Republic of China (Sec. 2)
• The Secretary of Energy cannot sell petroleum products from the Strategic Petroleum Reserve unless the buyer agrees that the petroleum products will not be exported to the People's Republic of China (Sec. 2)
What Changes
If this becomes law, the Secretary of Energy would be prohibited from making certain petroleum sales that are currently allowed. Any sale of Strategic Petroleum Reserve products would require a guarantee that the products will not end up in China.
Important Definitions
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.