Canceling Federal Leases for Oil and Gas Price Manipulation with OPEC.
This bill aims to protect citizens from artificially inflated fuel prices. If a company holding federal oil or gas leases is found by the Federal Trade Commission to have manipulated the market in coordination with OPEC countries, they will lose all their federal drilling rights. The consequence is the removal of entities that contribute to instability and high energy costs for consumers.
Key points
Companies manipulating oil or gas prices in coordination with OPEC countries will lose their federal drilling rights.
The Federal Trade Commission (FTC) determines guilt; upon its final order, leases are immediately canceled.
Persons or entities found guilty of manipulation are banned from bidding on future federal leases.
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.