SAVE Act

HR 256, the SAVE Act, prohibits the sale of petroleum products drawn from the U.S. Strategic Petroleum Reserve (SPR) to entities headquartered in specific countries listed under federal regulations or to any entity based in Russia. This law directly affects SPR sales by blocking transactions with companies from designated nations (as defined in 22 CFR §126.1) and all Russian entities. The key mechanism adds Section 170 to the Energy Policy and Conservation Act, requiring the Secretary to enforce this sales ban across all SPR-related transactions. The bill makes no changes to SPR stockpiling or other reserve operations, focusing solely on restricting sales to the specified entities.