The bill H. R. 256, also known as the “Save America’s Valuable Energy Act” or the “SAVE Act,” aims to stop the sale of petroleum products from the Strategic Petroleum Reserve to certain foreign entities. It proposes to amend the Energy Policy and Conservation Act by...
Simple Explanation
The bill wants to stop selling oil from a special U.S. oil reserve to certain countries, like Russia, to keep it safe for America. It suggests rules but doesn't explain what happens if someone breaks them or how to check if businesses with complicated setups, like branches in different countries, are sneaking around the rules.