The bill would require the President to prohibit exports of gasoline produced in the United States when the average U.S. price is at least $3.12 per gallon for each of the previous seven days. The restriction would end when the average price has been below $3.12 for each of the previous seven days. The President could allow exceptions and set terms for the prohibition.
The bill sets a price trigger for restricting gasoline exports. It does not specify how the restriction would affect prices or gasoline availability for consumers.
The bill does not specify spending or costs.
No publicly available information.
No publicly available information.