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US Mineral Resource Study: Oil, Gas, and Other Raw Materials

This act mandates studies to determine the value of oil, gas, and other minerals in onshore and offshore areas under federal jurisdiction. The goal is to better understand available resources, which could influence future decisions regarding their extraction and use, potentially impacting energy prices and raw material availability for citizens.
Key points
Detailed studies on the value of mineral resources (oil, gas, others) on land and at sea will be conducted within three years.
Studies will include co-managed federal areas but exclude national parks and certain national monuments.
The study results could influence future national energy and raw material policies, potentially having long-term consequences for the economy and cost of living.
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Status: Introduced
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Additional Information
Print number: 119_HR_745
Sponsor: Rep. Arrington, Jodey C. [R-TX-19]
Process start date: 2025-01-28