House Bill 59 - SAVE Act

Purpose and Summary

Chamber: House

Introduced date: 2023-01-09

Recent Activity

Referred to the House Committee on Energy and Commerce.

Alternative Names

SAVE Act

SAVE Act

Save America’s Valuable Energy Act

To prohibit the sale of petroleum products from the Strategic Petroleum Reserve to certain entities, and for other purposes.

Associated Legislation

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Policy Areas

Energy

Potential Impact

Asia

Belarus

Burma

Caribbean area

China

Cuba

Energy storage, supplies, demand

Europe

Foreign and international corporations

Iran

Latin America

Middle East

North Korea

Oil and gas

Russia

Sanctions

Strategic materials and reserves

Syria

Trade restrictions

Venezuela

Sponsors and Supporters

Rep. Bice, Stephanie I. [R-OK-5]

Cosponsors and Supporters

Rep. Waltz, Michael [R-FL-6]

Rep. Posey, Bill [R-FL-8]

Rep. Salazar, Maria Elvira [R-FL-27]

Rep. Baird, James R. [R-IN-4]

Rep. Allen, Rick W. [R-GA-12]

Rep. Valadao, David G. [R-CA-22]

Rep. Rutherford, John H. [R-FL-5]

Rep. Johnson, Dusty [R-SD-At Large]

Rep. Owens, Burgess [R-UT-4]

Rep. LaTurner, Jake [R-KS-2]

Rep. Jackson, Ronny [R-TX-13]

Rep. Mann, Tracey [R-KS-1]

Rep. Lamborn, Doug [R-CO-5]

Rep. Donalds, Byron [R-FL-19]

Committees and Subcommittees

Energy and Commerce Committee

Energy, Climate and Grid Security Subcommittee

Variations and Revisions

SAVE Act

12/15/2023, 3:53 PM

Save America’s Valuable Energy Act or the SAVE Act

This bill directs the Department of Energy (DOE) to prohibit the sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve (SPR) to certain entities. S...

Congress
118

Number
HR - 59

Introduced on
2023-01-09

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

1/9/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Save America’s Valuable Energy Act or the SAVE Act

This bill directs the Department of Energy (DOE) to prohibit the sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve (SPR) to certain entities. S...

Alternative Names
Official Title as IntroducedTo prohibit the sale of petroleum products from the Strategic Petroleum Reserve to certain entities, and for other purposes.

Policy Areas
Energy

Potential Impact
Asia
Belarus
Burma
Caribbean area
China
Cuba
Energy storage, supplies, demand
Europe
Foreign and international corporations
Iran
Latin America
Middle East
North Korea
Oil and gas
Russia
Sanctions
Strategic materials and reserves
Syria
Trade restrictions
Venezuela

Comments

Recent Activity

Latest Summary1/24/2023

Save America’s Valuable Energy Act or the SAVE Act

This bill directs the Department of Energy (DOE) to prohibit the sale of petroleum products (e.g., crude oil) from the Strategic Petroleum Reserve (SPR) to certain entities. S...


Latest Action1/9/2023
Referred to the House Committee on Energy and Commerce.