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Resumption of Oil and Gas Lease Sales

This act mandates the immediate resumption of quarterly onshore oil and gas lease sales and the completion of outstanding offshore sales. The goal is to boost domestic energy production, potentially impacting fuel price stability and energy resource availability for citizens.
Key points
Immediate resumption of quarterly onshore oil and gas lease sales.
Requirement to complete outstanding offshore lease sales by the end of 2023.
Establishment of minimum royalty and rental rates for leases.
Limits on the President's ability to halt leasing processes without Congressional approval.
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Status:
Expired
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Additional Information
Print number: 117_S_4228
Sponsor: Sen. Barrasso, John [R-WY]
Process start date: 2022-05-17
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Lease Now Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4228.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-05-17.

What are the main provisions?

Key points include:

  • Immediate resumption of quarterly onshore oil and gas lease sales.
  • Requirement to complete outstanding offshore lease sales by the end of 2023.
  • Establishment of minimum royalty and rental rates for leases.
  • Limits on the President's ability to halt leasing processes without Congressional approval.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Barrasso, John [R-WY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Environment Economy