Gasoline Export Ban Act of 2024

HR 10531, the Gasoline Export Ban Act of 2024, would require the President to ban U.S. gasoline exports when domestic prices average $3.12 per gallon or higher for seven consecutive days. The ban would automatically end once prices fall below $3.12 per gallon for seven consecutive days. This policy directly affects U.S. gasoline producers and refiners who export fuel, aiming to increase domestic supply during high-price periods. The bill sets a specific price trigger and allows limited presidential exemptions only for national interest, but does not specify additional implementation details.