S.Amdt. 14

1. Adds SEC. ___. CRUDE OIL EXPORTS wherever appropriate

   Adds a section

   Inserted: SEC. ___. CRUDE OIL EXPORTS.

   Inserted: (a) Repeal of Presidential Authority to Restrict Oil Exports.--

   Inserted: (1) In general.--Section 103 of the Energy Policy and Conservation Act (42 U.S.C. 6212) is repealed.

   Inserted: (2) Conforming amendments.--

   Inserted: (A) Section 12 of the Alaska Natural Gas Transportation Act of 1976 (15 U.S.C. 719j) is amended--

   Inserted: (i) by striking "and section 103 of the Energy Policy and Conservation Act"; and

   Inserted: (ii) by striking "such Acts" and inserting "that Act".

   Inserted: (B) The Energy Policy and Conservation Act is amended--

   Inserted: (i) in section 251 (42 U.S.C. 6271)--

   Inserted: (I) by striking subsection (d); and

   Inserted: (II) by redesignating subsection (e) as subsection (d); and

   Inserted: (ii) in section 523(a)(1) (42 U.S.C. 6393(a)(1)), by striking "(other than section 103 thereof)".

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   Inserted: (b) Repeal of Limitations on Exports of Oil.--

   Inserted: (1) In general.--Section 28 of the Mineral Leasing Act (30 U.S.C. 185) is amended--

   Inserted: (A) by striking subsection (u); and

   Inserted: (B) by redesignating subsections (v) through (y) as subsections (u) through (x), respectively.

   Inserted: (2) Conforming amendments.--

   Inserted: (A) Section 1107(c) of the Alaska National Interest Lands Conservation Act (16 U.S.C. 3167(c)) is amended by striking "(u) through (y)" and inserting "(u) through (x)".

   Inserted: (B) Section 23 of the Deep Water Port Act of 1974 (33 U.S.C. 1522) is repealed.

   Inserted: (C) Section 203(c) of the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1652(c)) is amended in the first sentence by striking "(w)(2), and (x))" and inserting "(v)(2), and (w))".

   Inserted: (D) Section 509(c) of the Public Utility Regulatory Policies Act of 1978 (43 U.S.C. 2009(c)) is amended by striking "subsection (w)(2)" and inserting "subsection (v)(2)".

   Inserted: (c) Repeal of Limitations on Export of OCS Oil or Gas.--Section 28 of the Outer Continental Shelf Lands Act (43 U.S.C. 1354) is repealed.

   Inserted: (d) Termination of Limitation on Exportation of Crude Oil.--Section 7(d) of the Export Administration Act of 1979 (50 U.S.C. App. 2406(d)) (as in effect pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.)) shall have no force or effect.

   Inserted: (e) Clarification of Crude Oil Regulation.--

   Inserted: (1) In general.--Section 754.2 of title 15, Code of Federal Regulations (relating to crude oil) shall have no force or effect.

   Inserted: (2) Crude oil license requirements.--The Bureau of Industry and Security of the Department of Commerce shall grant licenses to export to a country crude oil (as the term is defined in subsection (a) of the regulation referred to in paragraph (1)) (as in effect on the date that is 1 day before the date of enactment of this Act) unless--

   Inserted: (A) the country is subject to sanctions or trade restrictions imposed by the United States; or

   Inserted: (B) the President or Congress has designated the country as subject to exclusion for reasons of national security.

   The amendment doesn't say where this goes; the clerk decides.

   Original wording

   At the appropriate place, insert the following:

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As printed