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To prohibit the importation of oil and natural gas from the Russian Federation.
12/29/2022, 9:48 PM
Summary of Bill HR 6939
Bill 117 HR 6939, also known as the "Russian Oil and Gas Importation Prohibition Act," aims to prevent the importation of oil and natural gas from the Russian Federation into the United States. The bill was introduced in response to concerns about Russia's aggressive actions on the international stage, including its invasion of Ukraine and its support for authoritarian regimes.
If passed, the bill would prohibit the importation of Russian oil and natural gas, which are significant sources of revenue for the Russian government. This would put pressure on Russia to change its behavior and respect international norms.
Supporters of the bill argue that it is necessary to hold Russia accountable for its actions and to protect US national security interests. They believe that by cutting off a major source of revenue for the Russian government, the US can weaken Russia's ability to fund its military aggression and support for authoritarian regimes. Opponents of the bill argue that it could lead to higher energy prices in the US and disrupt global energy markets. They also raise concerns about the impact on US businesses that rely on Russian oil and natural gas imports. Overall, Bill 117 HR 6939 represents a significant step in US-Russian relations and could have far-reaching implications for both countries. It is currently being debated in Congress, and its future remains uncertain.
If passed, the bill would prohibit the importation of Russian oil and natural gas, which are significant sources of revenue for the Russian government. This would put pressure on Russia to change its behavior and respect international norms.
Supporters of the bill argue that it is necessary to hold Russia accountable for its actions and to protect US national security interests. They believe that by cutting off a major source of revenue for the Russian government, the US can weaken Russia's ability to fund its military aggression and support for authoritarian regimes. Opponents of the bill argue that it could lead to higher energy prices in the US and disrupt global energy markets. They also raise concerns about the impact on US businesses that rely on Russian oil and natural gas imports. Overall, Bill 117 HR 6939 represents a significant step in US-Russian relations and could have far-reaching implications for both countries. It is currently being debated in Congress, and its future remains uncertain.
Congressional Summary of HR 6939
This bill directs the President to prohibit the importation of oil and natural gas from Russia.
Read the Full Bill
Current Status of Bill HR 6939
Bill HR 6939 is currently in the status of Bill Introduced since March 3, 2022. Bill HR 6939 was introduced during Congress 117 and was introduced to the House on March 3, 2022. Bill HR 6939's most recent activity was Referred to the House Committee on Ways and Means. as of March 3, 2022
Bipartisan Support of Bill HR 6939
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6939
Primary Policy Focus
Foreign Trade and International FinancePotential Impact Areas
- Europe
- Oil and gas
- Russia
- Trade restrictions
Alternate Title(s) of Bill HR 6939
To prohibit the importation of oil and natural gas from the Russian Federation.
To prohibit the importation of oil and natural gas from the Russian Federation.
Comments
Sponsors and Cosponsors of HR 6939
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