Banning SPR Oil Exports to Foreign Adversaries Act

# Banning SPR Oil Exports to Foreign Adversaries Act Summary **What the Bill Would Do** This bill would prohibit the U.S. government from selling or exporting oil from the Strategic Petroleum Reserve (SPR)—a emergency stockpile of crude oil maintained for national security purposes—to countries considered foreign adversaries of the United States. Currently, the government can sell SPR oil on the open market, which could theoretically end up being purchased by adversarial nations. The bill would add restrictions to prevent this. **Who It Affects and Key Provisions** The bill would primarily affect the Department of Energy and oil markets. It would restrict exports to adversaries (likely including countries like Russia, Iran, North Korea, and China, though specific countries aren't detailed in the bill summary).

The measure aims to ensure that America's emergency oil reserves aren't indirectly benefiting nations viewed as strategic competitors or threats to U.S. interests. **Current Status** As of now, the bill (S. 393) remains in committee and has not advanced to a full Senate vote. It was introduced by Senator John Fetterman (D-PA) in the 119th Congress, meaning it's in early stages of the legislative process.