H.R. 2806: Protecting America’s Strategic Petroleum Reserve from China Act
This bill, titled the "Protecting America’s Strategic Petroleum Reserve from China Act," aims to restrict the sale of petroleum products from the Strategic Petroleum Reserve (SPR) to China. Here are the main provisions outlined in the bill:
Prohibition on Sales
The bill specifically prohibits the Secretary of Energy from:
- selling petroleum products from the Strategic Petroleum Reserve to any entity that is owned, controlled, or influenced by the Chinese Communist Party.
- allowing the sale of petroleum products to be exported to the People’s Republic of China under any circumstances.
This legislation is aimed at enhancing national security by preventing the transfer and export of strategic oil supplies to a country identified as a potential geopolitical adversary. The bill reflects concerns about energy security and foreign control of critical resources.
Context and Implications
The Strategic Petroleum Reserve is a crucial national asset intended to help the U.S. respond to emergencies that may disrupt oil supply. The bill indicates a strong stance against potential vulnerabilities created by transactions with China related to this reserve.
Administration and Enforcement
The implementation of this bill would place responsibilities on the Secretary of Energy to oversee and enforce these new restrictions, ensuring that the SPR is not utilized in a way that could be seen as aiding an adversarial state.
Additional Considerations
The bill also emphasizes that any sales of petroleum products from the SPR should be contingent upon strict controls to guarantee that none of the products end up in China, reinforcing the idea of maintaining strategic resources within the United States and limiting foreign influence.
Relevant Companies
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This is an AI-generated summary of the bill text. There may be mistakes.
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Actions
2 actions
Date | Action |
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Apr. 09, 2025 | Introduced in House |
Apr. 09, 2025 | Referred to the House Committee on Energy and Commerce. |
Corporate Lobbying
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