H.R. 9008 · 117th Congress · House

Home Heating Oil Price Reduction Act

Active· Referred to the Subcommittee on Energy.
Introduced
Sep 28, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.