03.01.22

Hoeven Helps Introduce Legislation to Cut Off Russian Petroleum Imports

WASHINGTON – Senator John Hoeven, a member of the Senate Energy and Natural Resources Committee, today joined Senator Roger Marshall (R-Kans.) in introducing Senate legislation to ban the United States from purchasing Russian oil and remove Russian fuels from American supply chains. The prohibition in the bill would take effect 15 days after enactment and would exclude shipments that are already in transit at that time. Just yesterday, Canada announced it banned imports of crude oil from Russia. 

“Especially at a time when Vladimir Putin is invading Ukraine, there is no reason why the U.S. should be importing Russian oil, and this legislation would prohibit further Russian imports,” said Senator Hoeven. “We will continue making the case to the administration to stop blocking domestic energy production and instead empower the production of more energy here at home so we aren’t reliant on our adversaries. Cutting off Russia’s oil industry is key to cutting off revenues funding Putin’s aggression and invasion of Ukraine.

In addition to Hoeven and Marshall, the legislation was introduced by Senate Energy and Natural Resources Committee Ranking Member John Barrasso (R-Wyo.) and Senators Jerry Moran (R-Kans.), Kevin Cramer (R-N.D.), Rick Scott (R-Fla.), Chuck Grassley (R-Iowa), John Cornyn (R-Texas) and Marco Rubio (R-Fla.). 

Click here for the full text of the bill.  

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