CRUDE Act

This bill makes it harder for the President to stop or limit the export of crude oil from the United States. Under current law, the President can restrict oil exports in several situations, including by declaring a national emergency or if officials find that exports are causing oil shortages or high prices that hurt jobs. This bill narrows that power by requiring that any restrictions based on a national emergency must also be backed by joint findings from the Department of Defense, the Department of Energy, and the Department of Commerce showing that exports have caused serious oil supply shortages or price increases. The President could still restrict oil exports as part of sanctions or trade restrictions against specific countries, people, or organizations for national security reasons.

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