H.R. 702: To adapt to changing crude oil market conditions.

114th Congress · introduced 2015-02-04 · Energy · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

Where it came from: introduced 2015-02-04 · official record
Who proposed it: Rep. Barton, Joe [R-TX-6] · what a sponsor is
What happened next: 5 recorded votes in our records. Latest: House roll call 545 (2015): On Agreeing to the Amendment, HR702 (2015-10-09), Failed. See all
Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

To adapt to changing crude oil market conditions.

Plain summary

(Sec. 3) Amends the Energy Policy and Conservation Act to repeal authority to restrict the export of: (1) coal, petroleum products, natural gas, or petrochemical feedstocks; and (2) supplies of materials or equipment necessary to maintain or further exploration, production, refining, or transportation of energy supplies, or for the construction or maintenance of energy facilities within the United States. Prohibits any federal official from imposing or enforcing any restriction on the export of crude oil. (Sec. 4) Directs the Department of Energy (DOE) to study: (1) the appropriate size, composition, and purpose of the Strategic Petroleum Reserve; and (2) the net greenhouse gas emissions that will result from the repeal of the crude oil export ban. Directs the Department of Commerce to study the state and national implications of lifting the crude oil export ban with respect to consumers and the economy, including energy prices and employment. (Sec. 5) Declares that this Act does not limit the authority of the President to prohibit exports under either the Constitution, the International Emergency Economic Powers Act, the National Emergencies Act, the Energy Policy and Conservation Act, Trading with the Enemy Act, or any other law that imposes sanctions on a foreign person or foreign government (or prohibits or restricts U.S. persons from engaging in a transaction with a sanctioned person or government), including a foreign government designated as a state sponsor of terrorism. (Sec. 6) Increases for FY2017-FY2021 both the authorization of appropriations and payments to contractors for each vessel in the Maritime Security Fleet covered by an operating agreement. (Sec. 7) Directs DOE to: (1) continue to develop and broaden partnerships with minority serving institutions, including Hispanic Serving Institutions and Historically Black Colleges and Universities in the areas of oil and gas exploration, production, midstream, and refining; and (2) encourage public-private partnerships between the energy sector and those institutions. (Sec. 8) Requires both DOE and the Commerce to report jointly to Congress regarding: the impact of lifting the oil export ban under this Act as it relates to promoting U.S. energy and national security; and how lifting the ban will help create opportunities for veterans and women in the United States, while promoting energy and national security. (Sec. 10) Declares that nothing in this Act shall be construed as authorizing the export of crude oil, refined petroleum products, and petrochemical products by any entity or person subject to U.S. jurisdiction to any entity or person located in, subject to the jurisdiction of, or sponsored by the Islamic Republic of Iran.

Congressional Research Service summary (Passed House amended), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

To adapt to changing crude oil market conditions.

Source: Congressional Research Service summary (Passed House amended)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Barton, Joe [R-TX-6] · 137 cosponsors

Cost estimate: CBO cost estimate: H.R. 702, a bill to adapt to changing crude oil market conditions (2015-09-29)

Cosponsors on this site

Joe Wilson (R-SC), Marsha Blackburn (R-TN), John R. Carter (R-TX), Kevin Cramer (R-ND), J. French Hill (R-AR), Henry Cuellar (D-TX), Cynthia M. Lummis (R-WY), Brian Babin (R-TX), Tom Cole (R-OK), Andy Harris (R-MD), Paul A. Gosar (R-AZ), Charles J. "Chuck" Fleischmann (R-TN), Mike Kelly (R-PA), Frank D. Lucas (R-OK), Bruce Westerman (R-AR), Ryan K. Zinke (R-MT), Marc A. Veasey (D-TX), Sanford D. Bishop, Jr. (D-GA), Scott DesJarlais (R-TN), David Rouzer (R-NC), David Schweikert (R-AZ), Ken Calvert (R-CA), Steve Womack (R-AR) and 77 more.

Recorded votes

House roll call 545 (2015): On Agreeing to the Amendment, HR702 (2015-10-09): Failed
House roll call 546 (2015): On Agreeing to the Amendment, HR702 (2015-10-09): Agreed to
House roll call 547 (2015): On Agreeing to the Amendment, HR702 (2015-10-09): Agreed to
House roll call 548 (2015): On Motion to Recommit with Instructions, HR702 (2015-10-09): Failed
House roll call 549 (2015): On Passage, HR702 (2015-10-09): Passed

Words on this page, explained (5)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Authorization: A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Jurisdiction: The area or the matters a government or court has authority over.
Securities: Financial investments that can be bought and sold, such as stocks and bonds.
Sponsor and cosponsor: The sponsor is the member who introduces a bill and leads it. Cosponsors are other members who sign on to show support.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Passed House amended)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114hr702.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/hr>

Record fed-us-cong114-hr702 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114