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Referred to the House Committee on Energy and Commerce.
Introduced January 3, 2025 by Andrew S. Biggs · Last progress January 3, 2025
This bill ties releases from the Strategic Petroleum Reserve (SPR) to opening more federal land for oil and gas leasing. Before the Department of Energy can make a new, non-emergency SPR release, it must first put a plan in place to raise the share of federal lands available for oil and gas leasing by the same percentage as the share of oil released from the SPR, up to a maximum 10% increase in leased lands. Emergency releases due to a severe supply interruption are still allowed under current law without this step .
The plan must be developed and carried out in coordination with agencies that manage federal lands, including Agriculture, Interior, Energy, and Defense, which oversee onshore areas and the Outer Continental Shelf. This links short-term oil releases to longer-term domestic production on federal lands, within the 10% cap.
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