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118-s-4786Committee
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A bill to cancel Federal oil and gas leases held by persons that manipulate the market price of oil or gas in violation of Federal law, and for other purposes.

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Summary

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This bill authorizes the Secretary of the Interior to cancel all federal oil and gas leases held by any person found by the Federal Trade Commission to have coordinated with OPEC or OPEC-plus countries to manipulate oil or gas prices in violation of antitrust law. It also prohibits such persons from bidding on future federal oil and gas leases.

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Bill details

Congress
118
Bill type
s
Introduced
July 25, 2024
Sponsor
Not yet available
Last action
July 25, 2024— Read twice and referred to the Committee on Energy and Natural Resources.

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