Sec. 1001 Finding
Congress finds that opening up energy exports will contribute to economic development, private sector job growth, and continued growth in American energy production.
Title I — Expanding American energy exports
I Expanding American energy exports
Sec. 1002 Natural gas exports
Finding— Congress finds that expanding natural gas exports will lead to increased investment and development of domestic supplies of natural gas that will contribute to job growth and economic development.
by inserting “or any other nation not excluded by this section” after “trade in natural gas”;
by striking “(c) For purposes” and inserting the following:
“(c) Expedited application and approval process
“(1) In general—For purposes”
by adding at the end the following:
“(2) Exclusions
“(A) In general—Any nation subject to sanctions or trade restrictions imposed by the United States is excluded from expedited approval under paragraph (1).
“(B) Designation by President or Congress—The President or Congress may designate nations that may be excluded from expedited approval under paragraph (1) for reasons of national security.
“(3) Order not required—No order is required under subsection (a) to authorize the export or import of any natural gas to or from Canada or Mexico.”
Sec. 1003 Crude oil exports
Findings— Congress finds that—
the restrictions on crude oil exports from the 1970s are no longer necessary due to the technological advances that have increased the domestic supply of crude oil; and
repealing restrictions on crude oil exports will contribute to job growth and economic development.
Repeal of Presidential authority To restrict oil exports—
In general— Section 103 of the Energy Policy and Conservation Act (42 U.S.C. 6212) is repealed.
Conforming amendments—
Section 12 of the Alaska Natural Gas Transportation Act of 1976 (15 U.S.C. 719j) is amended—
by striking “and section 103 of the Energy Policy and Conservation Act”; and
by striking “such Acts” and inserting “that Act”.
The Energy Policy and Conservation Act is amended—
in section 251 (42 U.S.C. 6271)—
by striking subsection (d); and
by redesignating subsection (e) as subsection (d); and
in section 523(a)(1) (42 U.S.C. 6393(a)(1)), by striking “(other than section 103 thereof)”.
Repeal of limitations on exports of oil—
by striking subsection (u); and
by redesignating subsections (v) through (y) as subsections (u) through (x), respectively.
Conforming amendments—
Section 1107(c) of the Alaska National Interest Lands Conservation Act (16 U.S.C. 3167(c)) is amended by striking “(u) through (y)” and inserting “(u) through (x)”.
Section 23 of the Deep Water Port Act of 1974 (33 U.S.C. 1522) is repealed.
Section 203(c) of the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1652(c)) is amended in the first sentence by striking “(w)(2), and (x))” and inserting “(v)(2), and (w))”.
Section 509(c) of the Public Utility Regulatory Policies Act of 1978 (43 U.S.C. 2009(c)) is amended by striking “subsection (w)(2)” and inserting “subsection (v)(2)”.
Repeal of limitations on export of OCS oil or gas— Section 28 of the Outer Continental Shelf Lands Act (43 U.S.C. 1354) is repealed.
Termination of limitation on exportation of crude oil— Section 7(d) of the Export Administration Act of 1979 (50 U.S.C. App. 2406(d)) (as in effect pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.)) shall have no force or effect.
Clarification of crude oil regulation—
In general— Section 754.2 of title 15, Code of Federal Regulations (relating to crude oil) shall have no force or effect.
Crude oil license requirements— The Bureau of Industry and Security of the Department of Commerce shall grant licenses to export to a country crude oil (as the term is defined in subsection (a) of the regulation referred to in paragraph (1)) (as in effect on the date that is 1 day before the date of enactment of this Act) unless—
the country is subject to sanctions or trade restrictions imposed by the United States; or
the President or Congress has designated the country as subject to exclusion for reasons of national security.
Sec. 1004 Coal exports
Findings— Congress finds that—
increased international demand for coal is an opportunity to support jobs and promote economic growth in the United States; and
exports of coal should not be unreasonably restricted or delayed.
NEPA review for coal exports— In completing an environmental impact statement or similar analysis required under the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.) for an approval or permit for coal export terminals, or transportation of coal to coal export terminals, the Secretary of the Army, acting through the Chief of Engineers—
may only take into account domestic environmental impacts; and
may not take into account any impacts resulting from the final use overseas of the exported coal.