S.Amdt. 5125
What it does: Adds SEC. 17. BAN ON EXPORTING PETROLEUM EXTRACTED FROM PUBLIC LANDS on page 43, line 17
Sen. Robert Menendez (D-NJ)What it changes
1 change to S. 3268
Adds SEC. 17. BAN ON EXPORTING PETROLEUM EXTRACTED FROM PUBLIC LANDS on page 43, line 17
Adds a sectionPrinted pageInserted: SEC. 17. BAN ON EXPORTING PETROLEUM EXTRACTED FROM PUBLIC LANDS.
Inserted: (a) Definitions.--In this section:
Inserted: (1) Petroleum product.--The term "petroleum product" means any of the following:
Inserted: (A) Finished reformulated or conventional motor gasoline.
Inserted: (B) Finished aviation gasoline.
Inserted: (C) Kerosene-type jet fuel.
Inserted: (D) Kerosene.
Inserted: (E) Distillate fuel oil.
Inserted: (F) Residual fuel oil.
Inserted: (G) Lubricants.
Inserted: (H) Waxes.
Inserted: (I) Petroleum coke.
Show 5 more inserted paragraphsShow less
Inserted: (J) Asphalt and road oil.
Inserted: (2) Public lands.--The term "public lands" means any land and interest in land owned by the United States within the several States and administered by the Secretary of the Interior through the Bureau of Land Management or the Minerals Management Service, without regard to how the United States acquired ownership.
Inserted: (b) Ban.--
Inserted: (1) In general.--Notwithstanding any other provision of law, except as provided in paragraph (2), petroleum extracted from public lands in the United States (including lands located on the outer continental shelf), or a petroleum product produced from such petroleum, may not be exported from the United States.
Inserted: (2) Application.--The prohibition on exportation described in paragraph (1) shall apply to petroleum, or petroleum products produced from such petroleum, extracted from public lands leased after the date of the enactment of this Act.
Original wording
On page 43, after line 17, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 5125. Mr. MENENDEZ submitted an amendment intended to be proposed by him to the bill S. 3268, to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes; which was ordered to lie on the table; as follows:
On page 43, after line 17, add the following:
SEC. 17. BAN ON EXPORTING PETROLEUM EXTRACTED FROM PUBLIC LANDS.
(a) Definitions.--In this section:
(1) Petroleum product.--The term “petroleum product” means any of the following:
(A) Finished reformulated or conventional motor gasoline.
(B) Finished aviation gasoline.
(C) Kerosene-type jet fuel.
(D) Kerosene.
(E) Distillate fuel oil.
(F) Residual fuel oil.
(G) Lubricants.
(H) Waxes.
(I) Petroleum coke.
(J) Asphalt and road oil.
(2) Public lands.--The term “public lands” means any land and interest in land owned by the United States within the several States and administered by the Secretary of the Interior through the Bureau of Land Management or the Minerals Management Service, without regard to how the United States acquired ownership.
(b) Ban.--
(1) In general.--Notwithstanding any other provision of law, except as provided in paragraph (2), petroleum extracted from public lands in the United States (including lands located on the outer continental shelf), or a petroleum product produced from such petroleum, may not be exported from the United States.
(2) Application.--The prohibition on exportation described in paragraph (1) shall apply to petroleum, or petroleum products produced from such petroleum, extracted from public lands leased after the date of the enactment of this Act.
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Senate amendment submitted
July 24, 2008