U.S. Senators Bill Cassidy, M.D. (R-LA), Joe Manchin (D-WV), and Lisa Murkowski (R-AK) today introduced the Ban Russian Energy Imports Act which would place an embargo on all Russian energy imports including crude oil, petroleum, petroleum products, liquefied natural gas (LNG), and coal.
"Putin's invasion of Ukraine requires an extraordinary response that includes going after the energy revenues he uses to fund his war machine," said Dr. Cassidy. "This policy can and needs to be partnered with increasing our domestic production to improve our energy independence and shelter Americans from rising costs."
Cassidy, Manchin, and Murkowski are joined by Senators John Tester (D-MT), Susan Collins (R-ME), Angus King (I-ME), Lindsey Graham (R-SC), Brian Schatz (D-HI), Steve Daines (R-MT), Mazie Hirono (D-HI), Dan Sullivan (R-AK), Mark Kelly (D-AZ), Shelley Moore Capito (R-WV), John Hickenlooper (D-CO), Kevin Cramer (R-ND), Mark Warner (D-VA), Richard Blumenthal (D-CT) and Rob Portman (R-OH). Representatives Brian Fitzpatrick (R-PA-01) and Josh Gottheimer (D-NJ-05) will introduce companion legislation in the U.S. House of Representatives.
Representatives Brian Fitzpatrick (R-PA-1) and Josh Gottheimer (D-NJ-5) will introduce companion legislation in the House of Representatives.
The Ban Russian Energy Imports Act would:
Declare a national emergency specifically with respect to the threat to our national security, foreign policy, and economy that exists as a result of Russian aggression against Ukraine and directs the President to prohibit imports of crude oil, petroleum, petroleum products, LNG, and coal from Russia.
The President has had the authority to take these actions since 1917; this legislation does not grant additional authority. This approach is modeled on the International Emergency Economic Powers Act.
The ban would be in place during the national emergency and either the President or Congress would be able to terminate the emergency and the import ban.
The bill exempts product that is already loaded or in transit at the time of enactment.