H.R.1231 - Reversing President Obama's Offshore Moratorium Act112th Congress (2011-2012)
|Sponsor:||Rep. Hastings, Doc [R-WA-4] (Introduced 03/29/2011)|
|Committees:||House - Natural Resources|
|Committee Reports:||H. Rept. 112-69|
|Latest Action:||Senate - 05/17/2011 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 52. (All Actions)|
|Roll Call Votes:||There have been 9 roll call votes|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.1231 — 112th Congress (2011-2012)All Information (Except Text)
Passed House amended (05/17/2011)
Reversing President Obama's Offshore Moratorium Act - Amends the Outer Continental Shelf Lands Act to direct the Secretary of the Interior to make available for leasing and to conduct lease sales including: (1) at least 50% of the available unleased acreage within each outer Continental Shelf (OCS) planning area considered to have the largest undiscovered, technically recoverable oil and gas resources (on a total btu basis) based upon the most recent national geologic assessment of the OCS, with an emphasis on offering the most geologically prospective parts of the planning area; and (2) any state subdivision of an OCS planning area that the Governor of such state requests be made available for leasing.
Directs the Secretary, in the 2012-2017 5-year oil and gas leasing program, to make available for leasing OCS planning areas that: (1) are estimated to contain more than 2.5 billion barrels of oil; or (2) are estimated to contain more than 7.5 trillion cubic feet of natural gas.
Directs the Secretary, in developing a 5-year oil and gas leasing program, to determine a domestic strategic production goal for the development of oil and natural gas. Makes the production goal for the 2012-2017 5-year oil and gas leasing program an increase by 2027 in daily production of at least: (1) 3 million barrels of oil, and (2) 10 billion cubic feet of natural gas.