Plain English
GovGreed Synthesis ·
Continuing Robust and Uninhibited Drilling and Exporting Act or the CRUDE Act This bill limits the President's authority to restrict the export of crude oil from the United States. Currently, the President may restrict the export of oil for up to a year if the President declares a national emergency; the restrictions are sanctions or trade restrictions that apply to countries, persons, or organizations for national security reasons; or the Department of Commerce, in consultation with the Department of Energy (DOE), finds and reports to the President that the export of U.S. crude oil has caused sustained material oil supply shortages or sustained oil prices significantly above world market levels that have caused or are likely to cause sustained material adverse employment effects. However, this bill only allows the President to impose such restrictions if the President declares a national emergency based on findings that are jointly issued by Department of Defense, DOE, and Commerce and include the conclusions described above about oil supply shortages or increased oil prices; or the restrictions are sanctions or trade restrictions that apply to countries, persons, or organization for national security reasons.
Market Impact Map
Action Timeline
2025-03-05
Referred to the House Committee on Foreign Affairs.
2025-03-05
Introduced in House
2025-03-05
Introduced in House
Full Bill Text
119 HR 1850 IH: Continuing Robust and Uninhibited Drilling and Exporting Act U.S. House of Representatives 2025-03-05 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 1850 IN THE HOUSE OF REPRESENTATIVES March 5, 2025 Mr. Arrington (for himself, Mr. Weber of Texas , Mr. Fallon , Mr. Newhouse , and Mr. Crenshaw ) introduced the following bill; which was referred to the Committee on Foreign Affairs A BILL To revise the authority provided to the President to impose export licensing requirements or other restrictions on the export of crude oil from the United States, and for other purposes. 1. Short title This Act may be cited as the Continuing Robust and Uninhibited Drilling and Exporting Act or the CRUDE Act . 2. Crude oil export licensing requirements and other restrictions Section 101(d)(1) of division O of the Consolidated Appropriations Act, 2016 ( 42 U.S.C. 6212a(d)(1) ) is amended— (1) by amending subparagraph (A) to read as follows: (A) (i) the Secretary of Defense, the Secretary of Energy, and the Secretary of Commerce jointly find and report to the President and to the Congress that— (I) the export of crude oil pursuant to this Act has caused sustained material oil supply shortages or sustained oil prices significantly above world market levels that are directly attributable to the export of crude oil produced in the United States; and (II) those supply shortages or price increases have caused or are likely to cause sustained material adverse employment effects in the United States; and (ii) the President declares a national emergency based on the findings of a report under clause (i) and formally notices the declaration of a national emergency in the Federal Register; or ; (2) in subparagraph (B), by striking ; or and inserting a period; and (3) by striking subparagraph (C).
Loading intelligence layer…