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More Oil & Gas: New US Extraction Rules

This act aims to boost oil and gas extraction in the Gulf of Mexico and Alaska by requiring the government to hold at least two lease sales annually. It also limits the President's ability to pause or delay extraction processes without Congressional approval. This could impact energy prices and fuel availability, as well as environmental concerns.
Key points
The US government must hold at least two annual oil and gas lease sales in the Gulf of Mexico and Alaska.
The President's power to pause or delay energy leasing processes without Congressional approval is restricted.
These changes could affect energy supply stability and potentially fuel prices for consumers.
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Additional Information
Print number: 117_HR_7285
Sponsor: Rep. Carl, Jerry L. [R-AL-1]
Process start date: 2022-03-30