Reserving Energy For Independence and Empowerment Act
A BILL
To require the Secretary of Energy to conduct studies relating to Strategic Petroleum Reserve levels, to amend the Energy Policy and Conservation Act with respect to such Reserve, and for other purposes.
Sec. 2 Findings; sense of Congress
Sec. 3 Strategic Petroleum Reserve levels and emergency sales
“164. Prohibition on exports
“(a) In general—Notwithstanding section 101(b) of division O of the Consolidated Appropriations Act, 2016 (42 U.S.C. 6212a(b)), the Secretary shall issue regulations prohibiting the export of petroleum products drawn down and sold from the Strategic Petroleum Reserve to—
“(1) any country that is—
“(A) subject to a United States arms embargo, as specified in list D:5 of Country Group D in Supplement No. 1 to part 740 of title 15, Code of Federal Regulations; or
“(B) a state sponsor of terrorism; and
“(2) any entity that is wholly or partially owned by the People’s Republic of China.
“(b) Definition—In this section, the term state sponsor of terrorism means a country the government of which has repeatedly provided support for international terrorism pursuant to—
“(1) section 1754(c)(1)(A) of the Export Control Reform Act of 2018 (50 U.S.C. 4813(c)(1)(A));
“(2) section 620A of the Foreign Assistance Act of 1961 (22 U.S.C. 2371);
“(3) section 40 of the Arms Export Control Act (22 U.S.C. 2780); or
“(4) any other applicable provision of law.”
Sec. 4 Domestic production response plan
“(k) Plan
“(1) In general—Except in the case of a severe energy supply interruption described in subsection (d), the Secretary may not execute the first drawdown of petroleum products in the Reserve after the date of enactment of this subsection, whether through sale, exchange, or loan, until the Secretary has developed a plan to increase the percentage of Federal land (including submerged land of the outer Continental Shelf) under the jurisdiction of the Secretary of Agriculture, the Secretary of Energy, the Secretary of the Interior, and the Secretary of Defense leased for oil and gas production by the same percentage as the percentage of petroleum in the Strategic Petroleum Reserve that is to be drawn down in that first drawdown and subsequent drawdowns.
“(2) Consultation—The Secretary shall prepare the plan under paragraph (1) in consultation with the Secretary of Agriculture, the Secretary of the Interior, and the Secretary of Defense.”