Security and Fuel Efficiency Energy Act of 2007, or the SAFE Energy Act of 2007 - Amends the Clean Air Act to: (1) revise renewable fuel standards for calendar years 2006-2020; (2) instruct the Secretary of Energy to assess the progress made toward creation of adequate infrastructure for the production and distribution of ethanol-blend fuel; and (3) require the Secretary to establish an incentives program for production of cellulosic ethanol and other emerging biofuels derived from renewable sources (including municipal solid waste).
Directs the Administrator of the Environmental Protection Agency to promulgate regulations governing uniform labeling of certified biodiesel blends.
Instructs the Secretary of Energy to implement a research and development program for carbon dioxide capture technologies to: (1) recover liquid fuels from oil shale; and (2) produce liquid fuels in coal utilization facilities in order to minimize carbon dioxide emissions.
Amends the Internal Revenue Code to provide: (1) a phaseout of certain alternative fuels credits; and (2) a credit for advanced biomass fuel production.
Requires the Director of the National Science Foundation to study and report to specified congressional committees on the renewable fuels industry and market in the United States.
Authorizes activities and exports involving hydrocarbon resources.
Amends the Trade Sanctions Reform and Export Enhancement Act of 2000 to instruct the Secretary of the Treasury to authorize under a general license for travel-related transactions for travel to, from, or within Cuba in connection with hydrocarbon resources exploration and extraction in any foreign maritime exclusive economic zone contiguous to the U.S. exclusive economic zone.
Amends the Gulf of Mexico Energy Security Act of 2006 to reduce to 45 miles the range of the moratorium governing oil and gas leasing in the Eastern and Central Planning Area within the coastline of the state of Florida.
Authorizes the Secretary of the Interior to inventory oil and natural gas resources beneath the waters of the outer Continental Shelf other than those in the Gulf of Mexico or off the coast of Florida. Requires such Secretary to offer for oil and natural gas leasing all inventoried areas.
Amends the National Security Act of 1947 to direct the President to establish within the National Security Council a Bureau of International Energy.
Authorizes the Secretary of Energy to establish and operate a strategic energy infrastructure equipment reserve.
[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3435 Introduced in House (IH)]
110th CONGRESS
1st Session
H. R. 3435
To improve energy security of the United States through a reduction in
the oil intensity of the economy of the United States and expansion of
secure oil supplies, to be achieved by increasing the availability of
alternative fuel sources, fostering responsible oil exploration and
production, and improving international arrangements to secure the
global oil supply, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
August 3, 2007
Mr. Pickering introduced the following bill; which was referred to the
Committee on Energy and Commerce, and in addition to the Committees on
Ways and Means, Science and Technology, Natural Resources, Armed
Services, Foreign Affairs, and Select Intelligence (Permanent Select),
for a period to be subsequently determined by the Speaker, in each case
for consideration of such provisions as fall within the jurisdiction of
the committee concerned
_______________________________________________________________________
A BILL
To improve energy security of the United States through a reduction in
the oil intensity of the economy of the United States and expansion of
secure oil supplies, to be achieved by increasing the availability of
alternative fuel sources, fostering responsible oil exploration and
production, and improving international arrangements to secure the
global oil supply, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) Short Title.--This Act may be cited as the ``Security and Fuel
Efficiency Energy Act of 2007'' or the ``SAFE Energy Act of 2007''.
(b) Table of Contents.--The table of contents of this Act is as
follows:
Sec. 1. Short title; table of contents.
TITLE I--INCREASED USE OF ALTERNATIVE FUELS AND INFRASTRUCTURE
Sec. 101. Renewable fuel standard.
Sec. 102. Ethanol-blend fuel infrastructure.
Sec. 103. Emerging biofuels.
Sec. 104. Biodiesel.
Sec. 105. Unconventional fossil fuels.
Sec. 106. Phaseout of alternative fuels credits.
Sec. 107. Advanced biomass fuels production tax credit.
Sec. 108. Study of incentives for renewable fuels.
TITLE II--DEVELOPMENT AND INVENTORY OF CERTAIN OUTER CONTINENTAL SHELF
RESOURCES
Sec. 201. Authorization of activities and exports involving hydrocarbon
resources by United States persons.
Sec. 202. Travel in connection with authorized hydrocarbon exploration
and extraction activities.
Sec. 203. Moratorium of oil and gas leasing in certain areas of the
Gulf of Mexico.
Sec. 204. Inventory and leasing of outer Continental Shelf oil and
natural gas resources.
Sec. 205. Conforming amendments to moratoria on use of appropriations.
Sec. 206. Enhanced oil recovery.
Sec. 207. Treatment of revenues under oil and gas leases for other
areas.
TITLE III--MANAGEMENT OF ENERGY RISKS
Sec. 301. Bureau of International Energy Policy.
Sec. 302. Strategic energy infrastructure equipment reserve.
Sec. 303. Increase in capacity.
TITLE I--INCREASED USE OF ALTERNATIVE FUELS AND INFRASTRUCTURE
SEC. 101. RENEWABLE FUEL STANDARD.
Section 211(o) of the Clean Air Act (42 U.S.C. 7545(o)) is amended
as follows:
(1) In paragraph (2)(B) as follows:
(A) By striking clause (i) and inserting the
following:
``(i) Calendar years 2006 through 2020.--
``(I) Renewable fuel.--For the
purpose of subparagraph (A), subject to
subclause (II), the applicable total
volume for any of calendar years 2006
through 2020 shall be determined in
accordance with the following table:
Applicable total volume of
renewable fuel
``Calendar year: (in billions of gallons):
2006................................................... 4.0
2007................................................... 4.7
2008................................................... 7.1
2009................................................... 9.5
2010................................................... 12.0
2011................................................... 12.6
2012................................................... 13.2
2013................................................... 13.8
2014................................................... 14.4
2015................................................... 15.0
2016................................................... 18.0
2017................................................... 21.0
2018................................................... 24.0
2019................................................... 27.0
2020................................................... 30.0
``(II) Cellulosic biomass
ethanol.--For the purpose of paragraph
(1), of the total volume of renewable
fuel required under subclause (I), the
applicable volume for any of calendar
years 2012 through 2020 for cellulosic
biomass ethanol shall be determined in
accordance with the following table:
Applicable volume of cellulosic
biomass ethanol
``Calendar year: (in billions of gallons):
2012................................................... 0.25
2013................................................... 1.0
2014................................................... 3.0
2015................................................... 5.0
2016................................................... 7.0
2017................................................... 9.0
2018................................................... 11.0
2019................................................... 13.0
2020................................................... 15.0''.
(B) In clause (ii)--
(i) in the clause heading, by striking
``2013'' and inserting ``2021'';
(ii) by striking ``2013'' and inserting
``2021''; and
(iii) by striking ``2012'' and inserting
``2020''.
(C) In clause (iii), by striking ``thereafter--''
and all that follows through ``(II) the'' and inserting
``thereafter, the''.
(D) In clause (iv)--
(i) by striking ``2013'' and inserting
``2021''; and
(ii) in subclause (II)(bb), by striking
``2012'' and inserting ``2020''.
(2) In paragraph (3)--
(A) in subparagraph (A), by striking ``2011'' and
inserting ``2019''; and
(B) in subparagraph (B)(i), by striking ``2012''
and inserting ``2020.''
(3) In paragraph (6)(A), by striking ``2012'' and inserting
``2020''.
(4) By amending paragraph (7) to read as follows:
``(7) Waivers.--
``(A) In general.--The Administrator, in
consultation with the Secretary of Agriculture and the
Secretary of Energy, may waive the requirements of
paragraph (2) in whole or in part on petition by one or
more States by reducing the national quantity of
renewable fuel required under paragraph (2)--
``(i) based on a determination by the
Administrator, after public notice and
opportunity for comment, that implementation of
the requirement would severely harm the economy
or environment of a State, a region, or the
United States; or
``(ii) based on a determination by the
Administrator, after public notice and
opportunity for comment, that there is an
inadequate domestic supply.
``(B) Petitions for waivers.--The Administrator, in
consultation with the Secretary of Agriculture and the
Secretary of Energy, shall approve or disapprove a
State petition for a waiver of the requirements of
paragraph (2) within 90 days after the date on which
the petition is received by the Administrator.
``(C) Termination of waivers.--A waiver granted
under subparagraph (A) shall terminate after 1 year,
but may be renewed by the Administrator after
consultation with the Secretary of Agriculture and the
Secretary of Energy.''.
SEC. 102. ETHANOL-BLEND FUEL INFRASTRUCTURE.
Section 211(o) of the Clean Air Act (42 U.S.C. 7545(o)) is amended
by adding at the end the following:
``(11) Installation of ethanol-blend fuel pumps by covered
owners at stations.--
``(A) Definitions.--In this paragraph:
``(i) Covered owner.--The term `covered
owner' means any person that, individually or
together with any other person with respect to
which the person has an affiliate relationship
or significant ownership interest, owns 10 or
more retail station outlets, as determined by
the Secretary.
``(ii) Ethanol-blend fuel.--The term
`ethanol-blend fuel' means a blend of gasoline
not more than 85 percent, nor less than 80
percent, of the content of which is derived
from ethanol produced in the United States, as
defined by the Secretary in a manner consistent
with applicable standards of the American
Society for Testing and Materials.
``(iii) Secretary.--The term `Secretary'
means the Secretary of Energy, acting in
consultation with the Administrator and the
Secretary of Agriculture.
``(B) Assessment.--Not later than 5 years after the
date of enactment of this paragraph, the Secretary
shall make an assessment of the progress made toward
the creation of adequate infrastructure for the
production and distribution of ethanol-blend fuel
(including the creation of adequate qualified
alternative fuel vehicle refueling property that is a
blender pump).
``(C) Regulations.--If the Secretary determines (in
the assessment made under subparagraph (B)) that
adequate progress has not been made toward the creation
of adequate infrastructure for the production and
distribution of ethanol-blend fuel, the Secretary shall
promulgate regulations to ensure, to the maximum extent
practicable, that each covered owner installs or
otherwise makes available 1 or more pumps that dispense
ethanol-blend fuel (including any other equipment
necessary, such as tanks, to ensure that the pumps
function properly) at not less than the applicable
percentage of the retail station outlets of the covered
owner specified in subparagraph (D).
``(D) Applicable percentages.--For the purpose of
subparagraph (C), the applicable percentage of the
retail station outlets shall be--
``(i) during the 10-year period beginning
on the date of any determination made under
subparagraph (C), 10 percent; and
``(ii) after the 10-year period described
in clause (i), 20 percent.
``(E) Financial responsibility.--In promulgating
regulations under subparagraph (C), the Secretary shall
ensure that each covered owner described in that
subparagraph assumes full financial responsibility for
the costs of installing or otherwise making available
the pumps described in that subparagraph and any other
equipment necessary (including tanks) to ensure that
the pumps function properly.
``(F) Production credits for exceeding ethanol-
blend fuel pumps installation requirement.--
``(i) Earning and period for applying
credits.--If the percentage of the retail
station outlets of a covered owner at which the
covered owner installs ethanol-blend fuel pumps
in a particular calendar year exceeds the
percentage required under subparagraph (D), the
covered owner shall earn credits under this
paragraph, which may be applied to any of the 3
consecutive calendar years immediately after
the calendar year for which the credits are
earned.
``(ii) Trading credits.--A covered owner
that has earned credits under clause (i) may
sell credits to another covered owner to enable
the purchaser to meet the requirement under
subparagraph (D).''.
SEC. 103. EMERGING BIOFUELS.
(a) Establishment of Incentive Program.--The Secretary of Energy
(referred to in this section as the ``Secretary'') shall establish a
program under which the Secretary shall provide to eligible entities
such incentives (including grants, loans, and loan guarantees) as the
Secretary determines to be appropriate for the production of cellulosic
ethanol and other emerging biofuels derived from renewable sources
(including municipal solid waste).
(b) Application.--To be eligible to receive an incentive under this
section, an eligible entity shall submit to the Secretary an
application at such time, in such manner, and containing such
information as the Secretary may require, including--
(1) a description of the project for which the incentive
will be used;
(2) a description of the use by the eligible entity of the
incentive; and
(3) an estimate of the annual production using the
incentive by the eligible entity of cellulosic ethanol or
another biofuel, expressed on a per-gallon basis.
(c) Selection Requirements.--
(1) Minimum number of incentives.--The Secretary shall
provide incentives under this section to not less than 6
biorefineries located in different regions of the United
States.
(2) Least-cost incentives.--The Secretary shall provide
incentives under this section only to eligible entities the
applications of which reflect the least-cost use of the
incentives, on a per-gallon basis, with respect to similar
projects.
(d) Authorization of Appropriations.--There is authorized to be
appropriated to carry out this section $500,000,000.
SEC. 104. BIODIESEL.
(a) In General.--Not later than 180 days after the date of
enactment of this Act, the Secretary of Energy shall submit to Congress
a report on any research and development challenges inherent in
increasing to 5 percent the proportion of diesel fuel sold in the
United States that is biodiesel, as defined in section 757 of the
Energy Policy Act of 2005 (42 U.S.C. 16105).
(b) Regulations.--The Administrator of the Environmental Protection
Agency shall promulgate regulations providing for the uniform labeling
of biodiesel blends that are certified to meet applicable standards
published by the American Society for Testing and Materials.
SEC. 105. UNCONVENTIONAL FOSSIL FUELS.
(a) In General.--The Secretary of Energy shall carry out a 10-year
carbon capture research and development program to develop carbon
dioxide capture technologies that can be used in the recovery of liquid
fuels from oil shale and the production of liquid fuels in coal
utilization facilities to minimize the emissions of carbon dioxide from
those processes.
(b) Authorization of Appropriations.--There are authorized to be
appropriated to carry out this section--
(1) $50,000,000 for the period of fiscal years 2008 through
2012; and
(2) $100,000,000 for the period of fiscal years 2013
through 2017.
SEC. 106. PHASEOUT OF ALTERNATIVE FUELS CREDITS.
(a) Alcohol Fuels Credit.--Section 40 of the Internal Revenue Code
of 1986 (relating to alcohol used as fuel) is amended by adding at the
end the following new subsection:
``(i) Phaseout of Credit.--
``(1) In general.--The amount of the credit allowable under
subsection (a) shall be reduced by an amount which bears the
same ratio to the amount of the credit (determined without
regard to this paragraph) as--
``(A) the amount by which the reference price for
the calendar year preceding the calendar year in which
the taxable year begins exceeds $45, bears to
``(B) $20.
``(2) Reference price.--For purposes of paragraph (1), the
term `reference price' means, with respect to any calendar
year, the reference price determined for such calendar year
under section 45K(d)(2)(C).''.
(b) Biodiesel Fuels Credit.--Section 40A of such Code (relating to
biodiesel and renewable diesel used as fuel) is amended by
redesignating subsection (g) as subsection (h) and by inserting after
subsection (f) the following new subsection:
``(g) Phaseout of Credit.--
``(1) In general.--The amount of the credit allowable under
subsection (a) shall be reduced by an amount which bears the
same ratio to the amount of the credit (determined without
regard to this paragraph) as--
``(A) the amount by which the reference price for
the calendar year preceding the calendar year in which
the taxable year begins exceeds $45, bears to
``(B) $20.
``(2) Reference price.--For purposes of paragraph (1), the
term `reference price' means, with respect to any calendar
year, the reference price determined for such calendar year
under section 45K(d)(2)(C).''.
(c) Credit Against Excise Tax on Alcohol Fuel, Biodiesel, and
Alternative Fuel Mixtures.--Section 6426 of such Code (relating to
credit for alcohol fuel, biodiesel, and alternative fuel mixtures) is
amended by adding at the end the following:
``(h) Phaseout of Credit.--
``(1) In general.--The amount of the credit allowable under
subsection (a) shall be reduced by an amount which bears the
same ratio to the amount of the credit (determined without
regard to this paragraph) as--
``(A) the amount by which the reference price for
the calendar year preceding the calendar year in which
the taxable year begins exceeds $45, bears to
``(B) $20.
``(2) Reference price.--For purposes of paragraph (1), the
term `reference price' means, with respect to any calendar
year, the reference price determined for such calendar year
under section 45K(d)(2)(C).''.
(d) Effective Dates.--
(1) In general.--Except as provided in paragraph (2), the
amendments made by this section shall apply to taxable years
beginning after the date of the enactment of this Act.
(2) Credit against excise tax.--The amendment made by
subsection (c) shall apply to fuel sold, used, or removed after
December 31, 2007.
SEC. 107. ADVANCED BIOMASS FUELS PRODUCTION TAX CREDIT.
(a) In General.--Subchapter B of chapter 65 of the Internal Revenue
Code of 1986 (relating to rules for special application) is amended by
adding at the end the following:
``SEC. 6426A. CREDIT FOR PRODUCING ADVANCED BIOMASS FUEL.
``(a) Allowance of Credit.--There shall be allowed as a credit
against the tax imposed by section 4041 and against the tax imposed by
section 4081 an amount equal to the credit described in subsection (b).
No credit shall be allowed in the case of the credits described in
subsections (b) and (c) unless the taxpayer is registered under section
4101.
``(b) Advanced Biomass Fuel Credit.--
``(1) In general.--For purposes of this section, the
advanced biomass fuel credit is the product of 50 cents and the
number of gallons of an advanced biomass fuel produced by the
taxpayer and which during the taxable year--
``(A) is sold by such taxpayer to another person--
``(i) for use by such other person in the
production of a qualified mixture in such other
person's trade or business (other than casual
off-farm production),
``(ii) for use by such other person as a
fuel in a trade or business, or
``(iii) who sells such advanced biomass
fuel at retail to another person and places
such fuel in the fuel tank of such other
person, or
``(B) is used or sold by such taxpayer for any
purpose described in clause (i).
``(2) Advanced biomass fuel.--For purposes of this
subsection--
``(A) In general.--The term `advanced biomass fuel'
means fuel derived from any lignocellulosic or
hemicellulosic matter that is available on a renewable
or recurring basis, including--
``(i) dedicated energy crops and trees,
``(ii) wood and wood residues,
``(iii) plants,
``(iv) grasses,
``(v) agricultural residues,
``(vi) fibers,
``(vii) animal wastes and other waste
materials, and
``(viii) municipal solid waste.
``(B) Fuel produced in facilities where certain
waste materials displace fossil fuels used in
production.--Such term also includes any fuel derived
from biomass and produced in facilities where animal
wastes or other waste materials are digested or
otherwise used to displace 90 percent or more of the
fossil fuel normally used to produce a quantity of
ethanol with the same energy content.
``(C) Exceptions.--Such term does not include
ethanol, methanol, or biodiesel.
``(3) Certification of advanced biomass fuel.--No credit
shall be allowed under this subsection unless the taxpayer
obtains a certification (in such form and manner as prescribed
by the Secretary) from the producer or importer of a biofuel or
biofuels-blend that identifies the product produced and the
percentage of advanced biomass fuel in the product.
``(c) Mixture Not Used as a Fuel, etc.--
``(1) Imposition of tax.--If--
``(A) any credit was determined under this section
with respect to advanced biomass fuel used in the
production of any advanced biomass fuel mixture, and
``(B) any person--
``(i) separates the advanced biomass from
the mixture, or
``(ii) without separation, uses the mixture
other than as a fuel,
then there is hereby imposed on such person a tax equal
to the product of the applicable amount and the number
of gallons of such advanced biomass fuel.
``(2) Applicable laws.--All provisions of law, including
penalties, shall, insofar as applicable and not inconsistent
with this section, apply in respect of any tax imposed under
paragraph (1) as if such tax were imposed by section 4081 and
not by this section.
``(d) Coordination With Exemption From Excise Tax.--Rules similar
to the rules under section 40(c) shall apply for purposes of this
section.''.
(b) Conforming Amendments.--
(1) Section 6427(e) of such Code is amended--
(A) in paragraph (1) by inserting ``or 6427A''
after ``6427'',
(B) by redesignating paragraphs (3) through (5) as
paragraphs (4) through (6), respectively, and by
inserting after paragraph (2) the following new
paragraph:
``(3) Advanced biomass fuel.--If any person sells or uses
an advanced biomass fuel (as defined in section 6426A) for a
purpose described in section 6426A(c)(1) in such person's trade
or business, the Secretary shall pay (without interest) to such
person an amount equal to the advanced biomass fuel credit with
respect to such fuel.'',
(C) in paragraph (4), as so redesignated, by
striking ``paragraph (1) or (2)'' and
inserting``paragraphs (1), (2), or (3)'', and
(D) in paragraph (5), as so redesignated, by
striking `` or alternative fuel mixture credit'' and
inserting ``, alternative fuel mixture credit, advanced
biomass fuel credit, or advanced biomass fuel mixture
credit''.
(2) Section 6427(i)(3) of such Code is amended--
(A) by inserting ``or 6426A'' after ``6426'' in
subparagraph (A), and
(B) in the section heading by striking ``and
biodiesel mixture credit'' and inserting ``biodiesel
mixture credit, and advanced biomass fuel mixture
credit''.
(3) Section 40(c) of such Code is amended by inserting
``section 6426A,'' after ``6426,''.
(4) Section 40A(c) of such Code is amended by inserting
``section 6426A,'' after ``6426,''.
(5) Section 4101(a)(1) of such Code is amended--
(A) by striking ``or alcohol'' and inserting ``,
alcohol'', and
(B) by inserting ``or advanced biomass fuel (as
defined in section 6426A)'' before ``shall register''.
(6) Section 4104(a)(2) of such Code is amended by inserting
``section 6426A,'' after ``6426,''.
(7) Section 9503(b)(1) of such Code is amended by inserting
``or 6426A'' after ``6426''.
(c) Clerical Amendment.--The table of sections for subchapter B of
chapter 65 of such Code is amended by inserting after the item relating
to section 6426 the following new item:
``Sec. 6426A. Credit for producing advanced biomass fuel.''.
(d) Effective Date.--The amendments made by this section shall
apply to fuel sold, used, or removed after December 31, 2007.
SEC. 108. STUDY OF INCENTIVES FOR RENEWABLE FUELS.
(a) Study.--The Director of the National Science Foundation (in
consultation with the Secretary of Energy, the Secretary of the
Treasury, Secretary of Agriculture, the Administrator of the
Environmental Protection Agency, representatives of the biofuels
industry, the oil industry, and other interested parties) shall conduct
a study of the renewable fuels industry and markets in the United
States, including--
(1) the costs to produce corn-based and cellulosic-based
ethanol and biobutanol, biodiesel, and other emerging biofuels;
(2) the factors affecting the future market prices for
those biofuels, including world oil prices; and
(3) the level of tax incentives necessary, to the maximum
extent practicable, to grow the biofuels industry of the United
States to reduce the dependence of the United States on foreign
oil during calendar years 2011 through 2030.
(b) Goals.--The study shall include an analysis of the types and
advantages and disadvantages of tax incentive options to, to the
maximum extent practicable--
(1) limit the overall cost of the tax incentives to the
Federal Government;
(2) encourage expansion of the biofuels industry by
ensuring that new plants and recently-built plants can fully
amortize the investments in the plants;
(3) reward energy-efficient and low carbon-emitting
technologies;
(4) ensure that pioneering processes (such as those that
convert cellulosic feedstocks like corn stover and switch grass
to ethanol) are economically competitive with fossil fuels;
(5) encourage agricultural producer equity participation in
ethanol plants; and
(6) encourage the development of higher blend markets, such
as E-20, E30, and E-85.
(c) Report.--Not later than 1 year after the date of enactment of
this Act, the Director shall submit a report that describes the results
of the study to--
(1) the Committee on Agriculture, Nutrition, and Forestry
of the Senate;
(2) the Committee on Energy and Natural Resources of the
Senate;
(3) the Committee on Environment and Public Works of the
Senate;
(4) the Committee on Finance of the Senate;
(5) the Committee on Agriculture of the House of
Representatives;
(6) the Committee on Energy and Commerce of the House of
Representatives; and
(7) the Committee on Ways and Means of the House of
Representatives.
TITLE II--DEVELOPMENT AND INVENTORY OF CERTAIN OUTER CONTINENTAL SHELF
RESOURCES
SEC. 201. AUTHORIZATION OF ACTIVITIES AND EXPORTS INVOLVING HYDROCARBON
RESOURCES BY UNITED STATES PERSONS.
(a) Authorization.--Notwithstanding any other provision of law
(including a regulation), United States persons (including agents and
affiliates of those United States persons) may--
(1) engage in any transaction necessary for the exploration
for and extraction of hydrocarbon resources from any portion of
any foreign exclusive economic zone that is contiguous to the
exclusive economic zone of the United States; and
(2) export without license authority all equipment
necessary for the exploration for or extraction of hydrocarbon
resources described in paragraph (1).
(b) Definition.--In this section, the term ``United States person''
means--
(1) any United States citizen or alien lawfully admitted
for permanent residence in the United States; and
(2) any person other than an individual, if 1 or more
individuals described in paragraph (1) own or control at least
51 percent of the securities or other equity interest in the
person.
SEC. 202. TRAVEL IN CONNECTION WITH AUTHORIZED HYDROCARBON EXPLORATION
AND EXTRACTION ACTIVITIES.
Section 910 of the Trade Sanctions Reform and Export Enhancement
Act of 2000 (22 U.S.C. 7209) is amended by inserting after subsection
(b) the following:
``(c) General License Authority for Travel-Related Expenditures by
Persons Engaging in Hydrocarbon Exploration and Extraction
Activities.--
``(1) In general.--The Secretary of the Treasury shall,
authorize under a general license the travel-related
transactions listed in section 515.560(c) of title 31, Code of
Federal Regulations, for travel to, from, or within Cuba in
connection with exploration for and the extraction of
hydrocarbon resources in any part of a foreign maritime
exclusive economic zone that is contiguous to the exclusive
economic zone of the United States.
``(2) Persons authorized.--Persons authorized to travel to
Cuba under this section include full-time employees,
executives, agents, and consultants of oil and gas producers,
distributors, and shippers.
``(3) Definition.--In this section, the term `exclusive
economic zone of the United States' has the meaning given the
term `Exclusive Economic Zone' in section 2101(10a) of title
46, United States Code.''.
SEC. 203. MORATORIUM OF OIL AND GAS LEASING IN CERTAIN AREAS OF THE
GULF OF MEXICO.
(a) In General.--Section 104(a) of the Gulf of Mexico Energy
Security Act of 2006 (43 U.S.C. 1331 note; title I of division C of
Public Law 109-432) is amended--
(1) in paragraph (2), by striking ``125 miles'' and
inserting ``45 miles''; and
(2) in paragraph (3), by striking ``100 miles'' each place
it appears and inserting ``45 miles''.
(b) Regulations.--
(1) In general.--The Secretary of the Interior shall
promulgate regulations that establish appropriate environmental
safeguards for the exploration and production of oil and
natural gas on the outer Continental Shelf.
(2) Minimum requirements.--At a minimum, the regulations
shall include--
(A) provisions requiring surety bonds of sufficient
value to ensure the mitigation of any foreseeable
incident;
(B) provisions assigning liability to the
leaseholder in the event of an incident causing damage
or loss, regardless of the negligence of the
leaseholder or lack of negligence;
(C) provisions no less stringent than those
contained in the Spill Prevention, Control, and
Countermeasure regulations promulgated under the Oil
Pollution Act of 1990 (33 U.S.C. 2701 et seq.);
(D) provisions ensuring that--
(i) no facility for the exploration or
production of resources is visible to the
unassisted eye from any shore of any coastal
State; and
(ii) the impact of offshore production
facilities on coastal vistas is otherwise
mitigated;
(E) provisions to ensure, to the maximum extent
practicable, that exploration and production activities
will result in no significant adverse effect on fish or
wildlife (including habitat), subsistence resources, or
the environment; and
(F) provisions that will impose seasonal
limitations on activity to protect breeding, spawning,
and wildlife migration patterns.
SEC. 204. INVENTORY AND LEASING OF OUTER CONTINENTAL SHELF OIL AND
NATURAL GAS RESOURCES.
(a) Inventory.--
(1) In general.--Except as otherwise provided in subsection
(c), the Secretary of the Interior (in this section referred to
as the ``Secretary'') may conduct an inventory in accordance
with this subsection of oil and natural gas resources beneath
the waters of the outer Continental Shelf (as defined in
section 2 of the Outer Continental Shelf Lands Act (43 U.S.C.
1331)), other than beneath such waters located in the Gulf of
Mexico or off the coast of Florida.
(2) Best available technology.--In conducting the
inventory, the Secretary shall use the best technology
available to obtain accurate resource estimates.
(3) Reports.--The Secretary shall submit to Congress and
the requesting Governor a report on any inventory conducted
under this section.
(b) Leasing.--Except as otherwise provided in subsection (c), the
Secretary shall offer for oil and natural gas leasing pursuant to the
Outer Continental Shelf Lands Act (43 U.S.C. 1331 et seq.) by as soon
as practicable after the date of enactment of this Act all areas for
which an inventory has been conducted under subsection (a).
(c) Limitations.--The Secretary may not under this section--
(1) conduct an inventory under this subsection for any area
of the outer Continental Shelf located within 50 miles of the
State, if the Governor of the State notifies the Secretary that
the State objects to conduct of the inventory in that area;
(2) conduct any offshore oil and natural gas preleasing,
leasing, or related activities for any area of the outer
Continental Shelf located within 50 miles of a State, before--
(A) the Secretary submits to Congress the report
under subsection (a)(3) for that area; and
(B) the Governor of the State requests the
Secretary to make such area available for such leasing;
or
(3) conduct any offshore oil and natural gas preleasing,
leasing, or related activities for any area of the outer
Continental Shelf located more than 50 miles and less than 100
miles from the State, if the Governor of the State notifies the
Secretary that the State objects to conduct of the inventory in
that area.
SEC. 205. CONFORMING AMENDMENTS TO MORATORIA ON USE OF APPROPRIATIONS.
The Department of the Interior, Environment, and Related Agencies
Appropriations Act, 2006 (Public Law 109-54) is amended--
(1) in section 104 (119 Stat. 521) by striking ``the areas
of northern, central, and southern California; the North
Atlantic; Washington and Oregon; and'';
(2) in section 105 (119 Stat. 521) by inserting ``and any
other area that the Secretary of the Interior may offer for
leasing, preleasing, or any related activity under section 104
of that Act'' after ``2006)''; and
(3) in section 106 (119 Stat. 522) by striking ``the Mid-
Atlantic and South Atlantic planning areas'' and inserting
``the portion of the South Atlantic planning area located off
the coast of Florida''.
SEC. 206. ENHANCED OIL RECOVERY.
Section 354(c)(4)(B) of the Energy Policy Act of 2005 (42 U.S.C.
15910(c)(4)(B)) is amended--
(1) in clause (iii), by striking ``and'' at the end;
(2) in clause (iv), by striking the period at the end and
inserting ``; and''; and
(3) by adding at the end the following:
``(v) are carried out in geologically
challenging fields.''.
SEC. 207. TREATMENT OF REVENUES UNDER OIL AND GAS LEASES FOR OTHER
AREAS.
Section 105 of the Gulf of Mexico Energy Security Act (Public Law
109-432; 43 U.S.C. 1331 note) is amended by adding at the end the
following:
``(g) Treatment of Revenues Under Oil and Gas Leases for Other
Areas.--Amounts received by the United States as rentals, royalties,
bonus bids, and other sums due and payable under Federal oil and gas
leases for outer Continental Shelf planning areas that are opened for
such leases after the date of the enactment of this subsection shall be
deposited and paid to States adjoining such areas in substantially the
same manner in which qualified outer Continental Shelf revenues are
deposited and paid under this section.''.
TITLE III--MANAGEMENT OF ENERGY RISKS
SEC. 301. BUREAU OF INTERNATIONAL ENERGY POLICY.
Section 101 of the National Security Act of 1947 (50 U.S.C. 402) is
amended--
(1) by redesignating subsection (i) (as added by section
301 of Public Law 105-292 (112 Stat. 2800)) as subsection (k);
and
(2) by adding at the end the following:
``(l) Bureau of International Energy Policy.--
``(1) Establishment.--The President shall establish within
the National Security Council a Bureau of International Energy.
``(2) Duties.--The Bureau shall, in conjunction with the
Secretary of Defense, the Secretary of State, and the Secretary
of Energy, prepare and submit to Congress an annual energy
security report.''.
SEC. 302. STRATEGIC ENERGY INFRASTRUCTURE EQUIPMENT RESERVE.
(a) Establishment.--The Secretary of Energy may establish and
operate a strategic energy infrastructure equipment reserve.
(b) Use.--The reserve shall be used and operated for--
(1) the protection, conservation, maintenance, and testing
of strategic energy infrastructure equipment; and
(2) the provision of strategic energy infrastructure
equipment whenever and to the extent that--
(A) the Secretary, with the approval of the
President, finds that the equipment is needed for
energy security purposes; and
(B) the provision of the equipment is authorized by
a joint resolution of Congress.
(c) Authorization of Appropriations.--There are authorized to be
appropriated such sums as are necessary to carry out this section.
SEC. 303. INCREASE IN CAPACITY.
(a) The Energy Policy and Conservation Act is amended--
(1) in section 151(b) (42 U.S.C. 6231(b)) by striking ``1''
and inserting ``1.5''; and
(2) in section 154(a) (42 U.S.C. 6234(a)) by striking ``1''
and inserting ``1.5''.
(b) Section 301(e) of the Energy Policy Act of 2005 (42 U.S.C. 6240
note) is amended by striking ``1,000,000,000'' and inserting
``1,500,000,000''.
<all>
Introduced in House
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Science and Technology, Natural Resources, Armed Services, Foreign Affairs, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Energy and Air Quality.
Referred to the Subcommittee on Energy and Mineral Resources.
Referred to the Subcommittee on Energy and Environment.
Referred to the Subcommittee on Readiness.