H.R. 9008 · 117th Congress
Home Heating Oil Price Reduction Act
- Stage
- In committee
- Sponsor
- Ann Kuster
- Introduced
- 2022-09-28
- Latest action
- 2022-09-29 · Referred to the Subcommittee on Energy.
Summary
Home Heating Oil Price Reduction Act
This bill increases the cap on the number of barrels of petroleum distillate that may be stored in the Northeast Home Heating Oil Reserve from 2 million to 4 million. It also restricts sales or exports from that reserve to (1) China, Iran, North Korea, Russia, and any other country subject to U.S. sanctions; and (2) entities owned, controlled, or affiliated with any of those countries.