To prohibit the exportation of gasoline during periods of high gasoline prices.

HR8266, titled "To prohibit the exportation of gasoline during periods of high gasoline prices," was introduced in the House of Representatives on April 14, 2026, by Rep. Ro Khanna [D-CA-17]. The bill was subsequently referred to the House Committee on Foreign Affairs on the same day. This marks the initial stage of the legislative process for the 119th Congress. This bill does not authorize or appropriate any specific funding amounts. Its mechanism is regulatory, aiming to restrict the export of gasoline under certain market conditions. The bill's impact would primarily be on the supply side of the domestic gasoline market, potentially increasing domestic supply by limiting international sales. There is no direct money trail associated with this legislation in its current form. Structural winners, if this bill were to become law, could include domestic consumers of gasoline, who might benefit from increased supply and potentially lower prices. Structural losers would likely be U.S. refiners and energy companies that export gasoline, as their ability to sell into international markets would be curtailed. This could affect their revenue streams and profitability. Given the early stage of the bill, specific tickers cannot be identified as direct beneficiaries or losers at this time, as the precise criteria for "high gasoline prices" and the implementation mechanisms are not yet defined. As of April 15, 2026, the bill has only seen initial actions: introduction and referral to committee. This indicates a very early stage in the legislative process. Significant steps, including committee hearings, markups, potential floor votes in the House, and then a similar process in the Senate, would be required for this bill to advance. The current legislative velocity is low, with no further actions since its introduction.