Mr. Chairman, I rise in opposition to H.R. 1965, a bill that would unnecessarily and irresponsibly give away public lands to Big Oil, even as U.S. oil production is at a 24-year high and the oil industry receives billions of dollars in tax breaks per year.
H.R. 1965 would remove the safeguards that protect taxpayers and public lands by requiring the Interior Department to grant leases on 25 percent of the land requested by oil companies every year and imposing strict deadlines on application review, automatically approving leases after just 60 days even if safety and environmental reviews are not yet complete. It would also enact barriers to public review--if a community wanted to challenge a leasing decision, it would have to pay a $5,000 fee to be heard. If a case took more than 60 days to adjudicate, it would be automatically denied.
Mr. Chairman, under this Administration, domestic oil production has increased by 35 percent on Western public and Indian lands. Oil and gas companies are currently only developing about a third of the public lands they already lease. This bill, which would prioritize energy production over hunting, fishing, grazing, conservation, and every other use of public lands, will not reduce energy prices or increase energy security. It would simply cede control of natural resources held in public trust to already-profitable big oil companies. I urge a no vote.