A bill to prohibit the Secretary of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to a person that does not renegotiate its existing leases in order to require royalty payments if oil and natural gas prices are greater than or equal to specified price thresholds, and for other purposes.
No official summary available for this bill.
Referred to the House Committee on Natural Resources.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
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