Summary: S.2058 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for S.2058. Bill summaries are authored by CRS.

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Introduced in Senate (02/01/2012)

States that the Secretary of Energy (DOE) shall engage in any sale, purchase, or exchange activity involving the Strategic Petroleum Reserve only with a person certifying to the Secretary that the person is not directly or indirectly conducting transactions in or with Iran or an Iranian entity.

Exempts from such restriction transactions relating to humanitarian assistance, agricultural products, medicine, or a medical device to Iran or an Iranian entity.

Requires the Government Accountability Office (GAO) to report to Congress every 180 days regarding Iranian imports of crude oil and refined petroleum products.