Use Stocks, Stop Russia Act of 2022

United States117th CongressHR-7009House of Representatives
Updated: Mar 14, 2022

Summary

Use Stocks, Stop Russia Act of 2022 This bill places a temporary ban on (1) the importation of petroleum products from Russia, and (2) the drawdown and sale of petroleum products from the Strategic Petroleum Reserve. In addition, it approves the TransCanada Keystone Pipeline. Specifically, the bill requires the President to ban the importation of petroleum products from Russia until all hostile Russian troops have been withdrawn from Ukraine. The bill also requires the President to ban the drawdown and sale of petroleum products from the Strategic Petroleum Reserve until such troops have withdrawn. Finally, the bill approves the Keystone Pipeline in Phillips County, Montana for the import of oil from Canada to the United States.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the Subcommittee on Energy.

    House of Representatives

  3. Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

    House of Representatives

  4. Referred to the Subcommittee on Energy and Mineral Resources.

    House of Representatives