No Emergency Crude Oil for Foreign Adversaries Act

The No Emergency Crude Oil for Foreign Adversaries Act (S. 283) would prohibit the sale and export of crude oil from the U.S. Strategic Petroleum Reserve to China, Russia, North Korea, and Iran. Under this bill, the Department of Energy would be required to ensure that any oil sold from the federal reserve is not sent to these specific nations, though the government could issue a waiver if a sale is deemed necessary for U.S. national security.

For citizens, the bill aims to ensure that emergency fuel reserves intended for domestic stability are not utilized by foreign adversaries. Additionally, the legislation requires the government to track and report where previously sold emergency oil was refined and who owned those facilities, providing more transparency regarding the global movement of U.S. energy resources.