H.R. 133: Protecting American Energy Production Act
This bill, known as the Protecting American Energy Production Act, aims to ensure that hydraulic fracturing, commonly known as fracking, remains an available method for oil and natural gas production in the United States. The key components of the bill include:
1. State Regulation
The bill emphasizes that individual states should have the primary authority to regulate hydraulic fracturing operations for oil and natural gas on state and private lands. This means that states would continue to set their own rules and standards regarding the use of fracking within their jurisdictions, without interference from federal mandates.
2. Prohibition on Federal Moratoriums
The bill specifically prohibits the President from declaring a moratorium on hydraulic fracturing unless such a moratorium is explicitly authorized by a law passed by Congress. This provision seeks to prevent any unilateral federal action that could halt fracking activities, reinforcing that any such decision must go through the legislative process.
3. Legislative Process
If a moratorium on fracking were to be considered, it would require a bill to be introduced and passed in both the House of Representatives and the Senate, followed by presidential approval. This requirement aims to ensure that any significant change affecting energy production has broad support among elected representatives.
Overall Purpose
In summary, the Protecting American Energy Production Act is designed to safeguard the practice of hydraulic fracturing by asserting state authority over its regulation and preventing the federal government from imposing moratoriums on its use without Congressional approval. The bill reflects a commitment to maintaining existing energy production practices and supports the continued development of oil and natural gas resources in the United States.
Relevant Companies
- XOM - Exxon Mobil Corporation: A major player in the oil and gas industry that extensively uses hydraulic fracturing in its operations.
- CVX - Chevron Corporation: Another large oil company with significant investments in hydraulic fracturing for oil and natural gas extraction.
- PXD - Pioneer Natural Resources Company: A significant producer of oil and gas from unconventional sources, including fracking operations.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
1 sponsor
Actions
2 actions
| Date | Action |
|---|---|
| Jan. 03, 2025 | Introduced in House |
| Jan. 03, 2025 | Referred to the Committee on Natural Resources, and in addition to the Committee on Energy and Commerce, 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. |
Corporate Lobbying
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