Energy (Oil & Gas)

in committee · United States · House Apr 14, 2026

HR 8266: Gasoline Export Ban Act of 2026

Gasoline Export Ban Act of 2026 This bill prohibits the exportation of gasoline produced in the United States during certain periods of high gasoline prices. Specifically, the bill directs the President to prohibit the exportation of gasoline produced in the United States during periods when the average price for gasoline in the United States has been equal to or higher than $3.12 per gallon for each of the preceding seven days. The President may exempt from the prohibition exports of gasoline as the President determines to be consistent with the national interest and the purposes of the bill.

Topics ✗ EnergyOpposes EnergyBill restricts gasoline exports during high-price periods, limiting market access for energy producers and potentially reducing domestic energy market flexibility.85% confidence

Sub-Topics Oil & Gas

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in committee · United States · House Mar 17, 2026

HR 7960: Big Oil Windfall Profits Tax Act

This bill establishes a new excise tax on crude oil extracted or imported by large oil companies and uses the revenue to provide rebates to eligible consumers. The tax would be imposed on companies that extract or import over 300,000 barrels of crude oil per day, at a rate of 50% of the difference between the current Brent crude oil price and a 2025 baseline price, adjusted for inflation. All revenue from this tax would be deposited into a new "Protect Consumers from Gas Hikes Fund." This fund would then be used to provide refundable tax credits, or rebates, to eligible individuals, with the rebate amount determined by the Secretary based on fund revenues and the number of eligible individuals. These rebates would be phased out for individuals with adjusted gross incomes exceeding certain thresholds, such as $150,000 for joint filers.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes new excise tax on large oil companies and directs revenue to consumer rebates, supporting fiscal management and protecting consumers from gas price increases.90% confidence ✓ EnergySupports EnergyBill imposes windfall profits tax on large oil companies and returns revenue to consumers via rebates, protecting consumers from high energy costs.85% confidence

Sub-Topics Sales Tax Oil & Gas

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in committee · United States · House Mar 20, 2026

HR 8020: American LNG First Act of 2026

This bill, the American LNG First Act of 2026, modifies U.S. maritime laws to allow foreign-owned vessels to transport liquefied natural gas (LNG) within U.S. waters, provided they meet specific ownership and crew restrictions. It directly affects ship operators and the LNG industry by creating an exemption from coastwise laws that typically require vessels transporting domestic goods to be U.S.-built and U.S.-flagged. The key provision excludes vessels owned or crewed by Russian or Chinese nationals, as well as those flagged to Russia or China, from this exemption. By allowing eligible foreign vessels to carry LNG while maintaining restrictions on Russian and Chinese entities, the bill aims to increase supply options without opening access to competitors from sanctioned countries.

Topics ✓ EnergySupports EnergyBill facilitates LNG transport by exempting foreign vessels from coastwise laws, supporting energy infrastructure and reducing domestic energy costs.85% confidence

Sub-Topics Oil & Gas Pipeline Infrastructure

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in committee · United States · House Apr 20, 2026

HR 8219: BLOCK PUTIN Act

This bill targets Hungarian officials who continue to facilitate Russian oil and gas imports or block financial aid to Ukraine, imposing sanctions on those individuals. The key mechanism requires the President to ban property transactions and revoke U.S. visas for Hungarian government officials who obstruct Ukraine assistance or approve Russian energy imports after the law is enacted. Sanctions can be waived if Hungary adopts a public plan to end Russian energy dependence by 2028 and stops blocking Ukraine aid for at least 180 days. Additionally, the bill mandates a report from Treasury and State officials detailing any U.S. licenses or approvals that enabled Hungary to purchase Russian oil and gas.

Topics ✓ EnergySupports EnergyBill aims to reduce dependence on Russian fossil fuels by sanctioning officials who facilitate those imports, supporting energy independence and renewable transition goals.75% confidence

Sub-Topics Oil & Gas

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in committee · United States · Senate Mar 26, 2026

S 4222: End Polluter Welfare for Enhanced Oil Recovery Act of 2026

This bill, the End Polluter Welfare for Enhanced Oil Recovery Act of 2026, removes tax incentives for enhanced oil recovery projects that use carbon dioxide as an injectant. It directly affects oil and gas companies and energy producers who build qualified facilities after the law is enacted. The legislation eliminates the tax credit for carbon capture and storage when the captured carbon dioxide is used to extract more oil from existing wells. Additionally, the bill repeals the federal enhanced oil recovery tax credit that previously allowed companies to deduct certain costs related to extracting additional oil from mature wells. These changes apply to taxable years beginning after the bill is enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill eliminates tax credits for enhanced oil recovery using CO2, reducing government spending and closing tax loopholes for specific industries, promoting fiscal responsibility.90% confidence ✗ EnergyOpposes EnergyBill removes tax incentives for enhanced oil recovery using CO2, restricting fossil fuel extraction and weakening clean energy standards.95% confidence ✗ EnvironmentOpposes EnvironmentBill removes tax incentives for CO2 injection in oil extraction, which reduces carbon capture utilization and weakens environmental protections by prioritizing fossil fuel industry over climate goals.92% confidence

Sub-Topics Tax Credits Oil & Gas

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in committee · United States · House Apr 6, 2026

HR 8204: Western Refined Fuel Reserve Act of 2026

This bill establishes a new Refined Fuel Storage Reserve in eight Western States to store gasoline, diesel, and jet fuel as part of the national Strategic Petroleum Reserve. The Energy Department must identify and select one storage location within six months of enactment, prioritizing areas dependent on imported fuel or likely to face shortages, and must fill the reserve to at least 75 percent capacity over five years using existing federal funding. The reserve can be used during emergencies or supply disruptions, and the Energy Secretary may partner with state and local governments to store non-federal fuel in the facility. The bill also requires annual reports to Congress on the reserve's establishment, operations, and future recommendations.

Topics ✓ EnergySupports EnergyBill establishes strategic fuel reserves to enhance energy security and reduce dependence on imported fuel, directly supporting energy infrastructure and stability.85% confidence ✓ TransportationSupports TransportationBill establishes fuel storage reserves to ensure transportation fuel availability during emergencies, directly supporting transportation infrastructure resilience.85% confidence

Sub-Topics Oil & Gas

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in committee · United States · House Apr 9, 2026

HR 8222: End Russian Oil Windfalls Act

This bill prohibits the sale and delivery of Russian crude oil and petroleum products that were loaded onto vessels after March 5, 2026, and bans future Treasury licenses for such transactions. It requires the President to impose sanctions within 30 days on Russian individuals and entities involved in oil and gas extraction, refinement, or maritime transportation, including blocking their U.S.-based assets and revoking their U.S. visas. The legislation includes exceptions for humanitarian goods like food and medicine, as well as intelligence and national security activities. Additionally, the bill mandates regular reports to Congress on Russian oil export volumes, revenues, and any involvement of Russian energy companies in the abduction of Ukrainian children.

Topics ✗ EnergyOpposes EnergyBill restricts Russian oil imports and imposes sanctions on energy extraction entities, limiting energy trade options95% confidence

Sub-Topics Oil & Gas

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in committee · United States · House Apr 9, 2026

HR 8220: NOPE Act

The NOPE Act prohibits the sale and delivery of Iranian crude oil and petroleum products by canceling a specific Treasury license and restricting future transactions related to such exports. It requires the President to impose sanctions on Iranian individuals and entities involved in oil extraction, refining, or maritime transportation of petroleum products, including blocking their U.S. assets and revoking their visas. The bill includes exceptions for humanitarian aid, UN-related activities, and national security operations, while also mandating regular reports to Congress on the impact of these restrictions on Iranian oil exports and revenues.

Topics ✗ EnergyOpposes EnergyBill restricts Iranian oil exports and imposes sanctions on petroleum-related activities, limiting energy supply and trade.95% confidence

Sub-Topics Oil & Gas

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in committee · United States · House Mar 20, 2026

HR 8021: American Petroleum First Act

This bill, known as the American Petroleum First Act, modifies U.S. maritime laws to allow foreign vessels to transport crude oil and petroleum products across American coastal waters. It specifically excludes ships owned, operated, or crewed by Russian or Chinese nationals or governments from this exemption. The legislation aims to increase flexibility for domestic energy transport by permitting non-U.S.-flagged vessels to operate in coastal routes, provided they do not have ties to Russia or China. This change affects shipping companies and maritime operators by expanding the pool of eligible vessels for petroleum transport while maintaining restrictions on vessels from sanctioned nations.

Topics ✓ EnergySupports EnergyBill increases flexibility for domestic energy transport by allowing foreign vessels to move crude oil, supporting energy infrastructure and production.85% confidence

Sub-Topics Oil & Gas Pipeline Infrastructure

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in committee · United States · House Mar 20, 2026

HR 8034: Protecting America’s Small Oil and Gas Producers and Rural Jobs Act

This bill modifies tax rules to provide financial incentives for small oil and gas producers operating in marginal or low-production areas. It changes how the percentage depletion tax deduction is calculated, allowing a higher deduction rate based on oil prices and adjusting that rate annually using an inflation measure called the Producer Price Index. The legislation also removes certain income limits that restrict how much of this tax benefit producers can claim and doubles the minimum oil production threshold from 1,000 to 2,000 barrels to qualify for the deduction. These tax changes would take effect for taxable years beginning after December 31, 2026, primarily affecting independent oil and gas companies and rural communities dependent on these industries.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by increasing depletion deductions for small oil producers, reducing their tax burden and supporting rural economic development.85% confidence ✓ EnergySupports EnergyBill provides tax incentives and protections for small oil and gas producers, strengthening domestic energy production infrastructure.85% confidence ✗ EnvironmentOpposes EnvironmentBill provides tax incentives for oil and gas production, which typically increases fossil fuel extraction and opposes environmental protection goals.85% confidence

Sub-Topics Oil & Gas

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