HOUSE 1481118th CongressReferred to the House Committee on Foreign Affairs.
CRUDE Act
- Last Action
- 3/9/2023
Actions
- 2023-03-09Referred to the House Committee on Foreign Affairs.
- 2023-03-09Introduced in House
- 2023-03-09Introduced in House
CRS Summary
As of 2023-03-09 (00)
Continuing Robust and Uninhibited Drilling and Exporting Act or the CRUDE Act
This bill limits the President's authority to restrict the export of crude oil from the United States. Currently, the President may restrict the export of oil for up to a year if
- the President declares a national emergency;
- the restrictions apply to countries, persons, or organizations for reasons of national security; or
- the Department of Commerce finds and reports to the President that the export of crude oil has caused sustained material oil supply shortages or sustained oil prices significantly above world market levels and those shortages or price increases have caused or are likely to cause sustained material adverse employment effects.
However, this bill only allows the President to make such restrictions if
- the restrictions apply to countries, persons, or organizations for reasons of national security; or
- the Department of Defense, the Department of Energy, and Commerce jointly make those findings and report them to the President and Congress.
Cosponsors (13)
- Dan Newhouse (R-WA)
- Michael McCaul (R-TX)
- Michael Cloud (R-TX)
- Brian Babin (R-TX)
- PETE SESSIONS (R-TX)
- Lance Gooden (R-TX)
- Pat Fallon (R-TX)
- Beth Van Duyne (R-TX)
- Carol Miller (R-WV)
- Stephanie Bice (R-OK)
- Randy Weber (R-TX)
- Dan Crenshaw (R-TX)
- Ronny Jackson (R-TX)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.