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 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)”.
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.
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—
Authority— The President may, subject to paragraph (2), impose a ban on the export of crude oil from the United States for a period of not more than 90 days during a period of national emergency. Such ban may be renewed for additional periods during the period of national emergency.
Congressional Review Act— The act of imposing or renewing a ban under paragraph (1) shall be considered a major rule subject to a resolution of disapproval under chapter 8 of title 5, United States Code (commonly referred to as the “Congressional Review Act”).