Ending Importation of Laundered Russian Oil Act
Rep. Doggett and Bipartisan Group Introduce Bill to Ban Fuel Made from Russian Crude Oil
This bill is currently in the early stages of the legislative process and has been sent to two House committees for review. It is actively moving forward as it awaits further action from these committees. There are no upcoming votes scheduled at this time.
Legislative Progress
The bill has strong bipartisan support and targets a well known loophole, but concerns over rising gas prices and inflation may make some lawmakers hesitant to pass it quickly.
Key Points
Impact Analysis
Personal Impact
Farmers and ranchers are among the most fuel-dependent workers in the economy, relying on diesel for tractors, harvesters, and transport. A tighter fuel supply caused by banning imports from refineries using Russian crude could increase operating costs during planting and harvest seasons, though the actual price impact depends on how much supply is displaced.
Milestones
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
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Legislative Update: Hong Kong, Shipping, Imports, Exports, Food
The Ending Importation of Laundered Russian Oil Act (H.R. 7095, introduced Jan. 15 by Rep. Doggett, D-Texas) would provide for a prohibition on the importation of energy products produced at refineries outside Russia from Russian oil.
Rep. Doggett Introduces Bipartisan Sanctions Package on Russian Energy
Rep. Lloyd Doggett (D-TX) introduced the Ending Importation of Laundered Russian Oil Act to close the 'refining loophole' that allows Russian oil to be laundered through third-party countries and sold in the U.S. as gasoline and other petroleum products.
Doggett, Wilson Introduce Bipartisan Bill to Close Russian Oil Loophole
Representatives Lloyd Doggett and Joe Wilson introduced the Ending Importation of Laundered Russian Oil Act, a bipartisan effort to prevent Russian oil from entering the U.S. after being refined in third countries, a practice that has reportedly netted Russia millions in revenue.
Source Information
Document Type
Congressional Bill
Official Title
Ending Importation of Laundered Russian Oil Act
Data Sources
Sponsor
Cosponsors
(19)Analysis generated by AI. Always verify with official sources.