arrow_back Back to App

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.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4228
Sponsor: Sen. Barrasso, John [R-WY]
Process start date: 2022-05-17
Lustra uses Artificial Intelligence. Verify details in source documents.
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.

CATEGORIES

Environment Economy