HR 7009
Use Stocks, Stop Russia Act of 2022
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- Passed House
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Bill overview
The Use Stocks, Stop Russia Act aims to reduce U.S. reliance on Russian petroleum by temporarily banning the import of Russian oil and limiting the release of oil from the Strategic Petroleum Reserve. It also approves the Keystone XL pipeline for oil imports from Canada. The bill seeks to prioritize domestic energy sources and reserves before relying on foreign imports. This action is intended to support Ukraine and lessen the economic impact of the ongoing conflict.
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