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Prohibiting Moratoria on Energy and Mineral Development on Federal Lands

This act aims to prevent the President from unilaterally halting new permits for oil, gas, coal, and critical mineral extraction on federal lands. This means decisions regarding energy and mineral development in these areas will require Congressional approval, potentially impacting energy supply stability and raw material prices.
Key points
The President cannot independently stop issuing new permits for oil, gas, coal, and mineral extraction on federal lands.
Any decisions to halt extraction or withdraw federal lands from development will require Congressional approval.
The act seeks to ensure continuous energy and raw material supplies, which may affect price stability and product availability for citizens.
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Additional Information
POWER Act
Print number: HR 543
Sponsor: Rep. Herrell, Yvette [R-NM-2]
Process start date: 2021-01-28