S. 5458
Supply Relief and Domestic Production Cost Reduction Act
Sponsor: Tom Cotton · 0 cosponsors
Official summary
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Text of the bill
I Supply shortage determination
II Federal royalty and lease payment relief
III Federal lease terms
IV Consumer cost and supply accountability
Not later than 180 days after the first certification of a supply shortage period under section 101(a), and annually thereafter, the Secretary of Energy, in consultation with the Secretary and the Secretary of the Treasury, shall submit to Congress and make publicly available a report describing—
(1) the effect of this Act on—
(A) domestic production of covered energy commodities; and
(B) consumer fuel and energy costs;
(2) the number of permits, leases, rights-of-way, sundry notices, and related approvals issued or determined approved under this Act; and
(3) recommendations for additional legislative action to reduce supply shortages and consumer costs.