Sponsors
The bill gives the President a quick tool to restrict fuel exports to boost domestic supply and lower pump prices, but it risks hurting U.S. refiners' revenue and jobs, creating regional price distortions, drawing foreign pushback, and concentrating executive authority.
Drivers and other gasoline consumers may see increased domestic fuel supply and potentially lower or more stable U.S. pump prices when exports are halted.
Taxpayers benefit from giving the President a clear, fast administrative tool to restrict exports and grant targeted exemptions for national-interest needs during periods of sustained high domestic gasoline prices.
Consumers and communities in some regions could face higher fuel prices if refiners cut production or shift operations in response to export limits, offsetting intended relief.
U.S. refiners and export-dependent firms could lose export revenue, which may lead to job losses or reduced investment in the petroleum sector.
Using an administratively set price trigger and broad waiver authority concentrates significant decision-making power in the President, creating regulatory uncertainty for industry.
Based on analysis of 2 sections of legislative text.
Requires the President to ban U.S. gasoline exports when U.S. average pump price is $3.12/gal or higher for seven straight days, until prices fall below $3.12 for seven straight days; exemptions allowed.
Prohibits export of gasoline produced in the United States whenever the U.S. average retail gasoline price is at least $3.12 per gallon for seven consecutive days; the ban remains until the U.S. average price stays below $3.12 per gallon for seven consecutive days. The President may exempt particular exports as consistent with the national interest and may set terms and conditions for any exemptions. "Gasoline" is defined by the tariff classification HTSUS 2710.12.
Introduced April 14, 2026 by Ro Khanna · Last progress April 14, 2026