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Energy Crisis Relief Act: Lower Prices, More Oil & Gas

This act aims to lower energy prices for American families by increasing domestic oil and gas production. Citizens may experience lower energy bills due to resumed drilling and pipeline construction. The act also seeks to enhance the nation's energy independence.
Key points
Resumption of oil and gas lease sales on federal lands, potentially increasing fuel availability.
Facilitation of pipeline construction, including Keystone XL, which could streamline oil transport and reduce costs.
Increased oversight of energy markets to prevent price manipulation and protect consumers.
Changes to how revenues from Gulf of Mexico oil and gas production are shared, potentially impacting coastal state finances.
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Status:
Expired
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Additional Information
Print number: 117_S_3353
Sponsor: Sen. Hyde-Smith, Cindy [R-MS]
Process start date: 2021-12-09