S.2787 - Western Hemisphere Energy Security Act of 2006109th Congress (2005-2006)
|Sponsor:||Sen. Craig, Larry E. [R-ID] (Introduced 05/11/2006)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||09/21/2006 Sponsor introductory remarks on measure. (CR S9862-9863) (All Actions)|
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Summary: S.2787 — 109th Congress (2005-2006)All Bill Information (Except Text)
Introduced in Senate (05/11/2006)
Western Hemisphere Energy Security Act of 2006 - Authorizes U.S. persons to: (1) explore and extract hydrocarbon resources from any portion of the foreign exclusive economic zone that is contiguous to the U.S. exclusive economic zone; and (2) export without license authority all equipment necessary for the exploration for or extraction of hydrocarbon resources.
Amends the Trade Sanctions Reform and Export Enhancement Act of 2000 to authorize the Secretary of the Treasury to allow under a general license employees of oil and gas producers, distributors, and shippers to travel to, from, or within Cuba to explore for and extract hydrocarbon resources from such zone.