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Prohibit Venezuelan Oil Importation Act

USA117th CongressHR-7207| House 
| Updated: 3/24/2022
Byron Donalds

Byron Donalds

Republican Representative

Florida

Cosponsors (4)
Bob Gibbs (Republican)Scott Franklin (Republican)Mario Diaz-Balart (Republican)Randy K. Sr. Weber (Republican)

Ways and Means Committee, Foreign Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Prohibit Venezuelan Oil Importation Act This bill requires the President to prohibit the importation of petroleum products from Venezuela. Petroleum product means crude oil, residual fuel oil, or any refined petroleum product, including natural gas liquid product. The President may modify or remove the prohibition for some or all petroleum products only if specified conditions are met. Among these conditions, the President must (1) reimplement and maintain sanctions imposed against Venezuela's state-owned oil company, Petroleos de Venezuela, S.A.; (2) renew the authorization of the Keystone XL pipeline to import oil from Canada; and (3) resume oil and gas leasing on federal land. Additionally, the bill authorizes the President to use appropriate authorities to impose civil or criminal penalties as necessary to enforce the prohibition.
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Timeline
Mar 24, 2022
Introduced in House
Mar 24, 2022
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.
  • March 24, 2022
    Introduced in House


  • March 24, 2022
    Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.

Foreign Trade and International Finance

Administrative law and regulatory proceduresAir qualityAlaskaArctic and polar regionsArizonaCanadaCivil actions and liabilityCoalConflicts and warsCongressional oversightEnergy revenues and royaltiesEnergy storage, supplies, demandEnvironmental assessment, monitoring, researchEnvironmental Protection Agency (EPA)Environmental regulatory proceduresEuropeForeign aid and international reliefForeign and international corporationsGovernment ethics and transparency, public corruptionInflation and pricesInfrastructure developmentLand use and conservationLatin AmericaLicensing and registrationsMarine and coastal resources, fisheriesMetalsMilitary operations and strategyMiningMinnesotaMonuments and memorialsOil and gasParks, recreation areas, trailsPipelinesPresidents and presidential powers, Vice PresidentsRussiaSanctionsSovereignty, recognition, national governance and statusStrategic materials and reservesTrade restrictionsUkraineU.S. and foreign investmentsUtahVenezuelaWater qualityWilderness and natural areas, wildlife refuges, wild rivers, habitats

Prohibit Venezuelan Oil Importation Act

USA117th CongressHR-7207| House 
| Updated: 3/24/2022
Prohibit Venezuelan Oil Importation Act This bill requires the President to prohibit the importation of petroleum products from Venezuela. Petroleum product means crude oil, residual fuel oil, or any refined petroleum product, including natural gas liquid product. The President may modify or remove the prohibition for some or all petroleum products only if specified conditions are met. Among these conditions, the President must (1) reimplement and maintain sanctions imposed against Venezuela's state-owned oil company, Petroleos de Venezuela, S.A.; (2) renew the authorization of the Keystone XL pipeline to import oil from Canada; and (3) resume oil and gas leasing on federal land. Additionally, the bill authorizes the President to use appropriate authorities to impose civil or criminal penalties as necessary to enforce the prohibition.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 24, 2022
Introduced in House
Mar 24, 2022
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.
  • March 24, 2022
    Introduced in House


  • March 24, 2022
    Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.
Byron Donalds

Byron Donalds

Republican Representative

Florida

Cosponsors (4)
Bob Gibbs (Republican)Scott Franklin (Republican)Mario Diaz-Balart (Republican)Randy K. Sr. Weber (Republican)

Ways and Means Committee, Foreign Affairs Committee

Foreign Trade and International Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresAir qualityAlaskaArctic and polar regionsArizonaCanadaCivil actions and liabilityCoalConflicts and warsCongressional oversightEnergy revenues and royaltiesEnergy storage, supplies, demandEnvironmental assessment, monitoring, researchEnvironmental Protection Agency (EPA)Environmental regulatory proceduresEuropeForeign aid and international reliefForeign and international corporationsGovernment ethics and transparency, public corruptionInflation and pricesInfrastructure developmentLand use and conservationLatin AmericaLicensing and registrationsMarine and coastal resources, fisheriesMetalsMilitary operations and strategyMiningMinnesotaMonuments and memorialsOil and gasParks, recreation areas, trailsPipelinesPresidents and presidential powers, Vice PresidentsRussiaSanctionsSovereignty, recognition, national governance and statusStrategic materials and reservesTrade restrictionsUkraineU.S. and foreign investmentsUtahVenezuelaWater qualityWilderness and natural areas, wildlife refuges, wild rivers, habitats