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American Energy for American Consumers Act

12/29/2022, 10:03 PM

Summary of Bill HR 7102

Bill 117 hr 7102, also known as the American Energy for American Consumers Act, is a piece of legislation introduced in the US Congress. The main goal of this bill is to promote energy independence and security for the United States by increasing domestic energy production.

The bill focuses on several key areas to achieve this goal. First, it aims to streamline the permitting process for energy projects on federal lands, making it easier for companies to develop and produce energy resources within the country. This is intended to reduce reliance on foreign energy sources and create jobs in the domestic energy sector.

Additionally, the American Energy for American Consumers Act includes provisions to encourage the development of renewable energy sources, such as wind and solar power. This is seen as a way to diversify the country's energy portfolio and reduce greenhouse gas emissions. The bill also addresses energy infrastructure, calling for improvements to the nation's energy grid and pipelines to ensure a reliable and efficient energy supply for American consumers. Overall, the American Energy for American Consumers Act is aimed at promoting energy independence, creating jobs, and reducing reliance on foreign energy sources. It is a comprehensive piece of legislation that seeks to address various aspects of the country's energy policy in order to benefit American consumers and the economy as a whole.

Congressional Summary of HR 7102

American Energy for American Consumers Act

This bill requires the President to promulgate a rule prohibiting the export of crude oil and finished motor gasoline produced in the United States. The prohibition may not end until the earlier of (1) the date that the President determines the national average price for unleaded gasoline has been, for at least 30 days, at or below the national average price for unleaded gasoline on January 1, 2022; or (2) the date that the President determines is the formal end to the conflict between Russian and Ukraine.

The President may exempt from the prohibition exports of crude oil or finished motor gasoline as the President determines to be in the national interest or for national security purposes.

Current Status of Bill HR 7102

Bill HR 7102 is currently in the status of Bill Introduced since March 16, 2022. Bill HR 7102 was introduced during Congress 117 and was introduced to the House on March 16, 2022.  Bill HR 7102's most recent activity was Referred to the House Committee on Foreign Affairs. as of March 16, 2022

Bipartisan Support of Bill HR 7102

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7102

Primary Policy Focus

Foreign Trade and International Finance

Potential Impact Areas

- Administrative law and regulatory procedures
- Conflicts and wars
- Energy prices
- Energy storage, supplies, demand
- Europe
- Military operations and strategy
- Motor fuels
- Oil and gas
- Presidents and presidential powers, Vice Presidents
- Russia
- Trade restrictions
- Ukraine

Alternate Title(s) of Bill HR 7102

American Energy for American Consumers Act
American Energy for American Consumers Act
To prohibit the export of crude oil and finished motor gasoline produced in the United States, and for other purposes.

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