Petroleum Price Reduction Act
Summary
Petroleum Price Reduction Act This bill requires the President to prohibit exports of crude oil and finished oil products (other than natural gas) whenever the price for crude oil exceeds a specified threshold. The President may waive the prohibition in certain circumstances.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2022
Committee Review
Floor Vote
President
Introduced Dec 14, 2022
Last action Dec 14, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Dec 14, 2022
Committee
Referred to the House Committee on Foreign Affairs.
lower
Dec 14, 2022
Introduced
Introduced in House
lower
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brad Sherman
DDemocratic
Co
Betty McCollum
DDemocratic
Co
Marcy Kaptur
DDemocratic
Co
Raúl M. Grijalva
DDemocratic
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