SAVE Act

# SAVE Act Summary **What the Bill Would Do** The SAVE Act (Save America's Valuable Energy Act) would prevent the U.S. Department of Energy from selling oil from the Strategic Petroleum Reserve to companies based in nine countries: Russia, Belarus, Burma, China, Cuba, Iran, North Korea, Syria, and Venezuela. The Strategic Petroleum Reserve is a government stockpile of crude oil maintained for emergencies and national security purposes. **Who It Affects and Key Details** This bill would primarily affect U.S. energy policy and international trade.

It targets countries that the U.S. government considers adversaries or has sanctions against, restricting their access to American oil reserves. The bill doesn't affect private oil companies' sales—only government-controlled reserves. **Current Status** The bill was introduced in the 119th Congress by Republican Representative Stephanie Bice of Oklahoma and is currently in committee, meaning it has not yet been debated or voted on by the full House of Representatives. It has not advanced to become law.