American Energy Act

American Energy Act

This bill sets forth requirements to extend terms for energy drilling permits and to limit the effect of civil actions concerning such permits. Specifically, the bill extends the terms for permits to drill issued under Section 17 of the Mineral Leasing Act from two years to four years.

The bill also requires the Department of the Interior to process an application for an oil or gas drilling permit or other authorizations under a valid existing lease regardless of any pending civil actions affecting the application or related lease.

It also addresses litigation concerning the environmental review of certain oil and gas lease sales held under the Mineral Leasing Act or the Outer Continental Shelf Lands Act. A court may not vacate a lease sale nor otherwise limit, delay, or enjoin related lease activities unless the court concludes that (1) the lease will pose a risk of an imminent and substantial environmental harm, and (2) there is no other equitable remedy available.

In addition, no court may enjoin or issue any order preventing the award of leases to a bidder in a lease sale if Interior has previously opened bids for such leases or disclosed the high bidder for any tract that was included in such lease sale.

The American Energy Act, also known as Bill 118 hr 1067, is a piece of legislation introduced in the US Congress with the goal of promoting energy independence and security in the United States. The bill aims to increase domestic energy production, reduce reliance on foreign sources of energy, and create jobs in the energy sector.

One of the key provisions of the American Energy Act is the expansion of domestic oil and gas drilling. The bill calls for the opening of new areas for exploration and production, both onshore and offshore. This is intended to increase the supply of oil and gas within the United States, reducing the need to import these resources from other countries.

In addition to expanding oil and gas drilling, the American Energy Act also promotes the development of alternative energy sources. The bill includes provisions for the development of renewable energy sources such as wind, solar, and geothermal power. This is aimed at diversifying the nation's energy portfolio and reducing greenhouse gas emissions. The American Energy Act also includes measures to streamline the permitting process for energy projects and to promote energy efficiency. The bill calls for the modernization of the nation's energy infrastructure and the promotion of energy conservation measures. Overall, the American Energy Act is a comprehensive piece of legislation that seeks to address the nation's energy needs in a balanced and sustainable manner. It aims to promote energy independence, create jobs, and protect the environment.