S.Amdt. 3222

SA 3222. Mr. WYDEN (for himself and Mr. Manchin) submitted an
amendment intended to be proposed to amendment SA 2953 proposed by Ms.
Murkowski to the bill S. 2012, to provide for the modernization of the
energy policy of the United States, and for other purposes; which was
ordered to lie on the table; as follows:

At the end of subtitle C of title II, add the following:

SEC. 220_. MARKET-DRIVEN REINSTATEMENT OF OIL EXPORT BAN.

(a) Definitions.--In this section:
(1) Average national price of gasoline.--The term ``average
national price of gasoline'' means the average of retail
regular gasoline prices in the United States, as calculated
(on a weekday basis) by, and published on the Internet
website of, the Energy Information Administration.
(2) Gasoline index price.--The term ``gasoline index
price'' means the average of retail regular gasoline prices
in the United States, as calculated (on a monthly basis) by,
and published on the Internet website of, the Energy
Information Administration, during the 60-month period
preceding the date of the calculation.
(b) Reinstatement of Oil Export Ban.--
(1) In general.--Effective on the date on which the event
described in paragraph (2) occurs, subsections (a), (b), (c),
and (d) of section 101 of division O of the Consolidated
Appropriations Act, 2016 (Public Law 114-113), are repealed,
and the provisions of law amended or repealed by those
subsections are restored or revived as if those subsections
had not been enacted.
(2) Event described.--The event referred to in paragraph
(1) is the date on which the average national price of
gasoline has been 50 percent greater than the gasoline index
price for 30 consecutive days.
(c) Presidential Authority.--Notwithstanding subsection
(b), the President may affirmatively allow the export of
crude oil from the United States to continue for a period of
not more than 1 year after the date of the reinstatement
described in subsection (b), if the President--
(1) declares a national emergency and formally notices the
declaration of a national emergency in the Federal Register;
or
(2) finds and reports to Congress that a ban on the export
of crude oil pursuant to this section has caused undue
economic hardship.
(d) Effective Date.--This section takes effect on the date
that is 5 years after the date of enactment of the
Consolidated Appropriations Act, 2016 (Public Law 114-113).
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