,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #aaij  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ad1 #bjac ,mr4  
,m>key 7= himself & ,mr4 ,holt7         
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,natural ,res\rces  ,a 
,,bill  ,to provide t ! ,secret>y ( !   
,int]ior may accept bids on any new oil 
& gas leases ( ,f$]al l&s 7includ+      
subm]g$ l&s7 only f bidd]s c]tify+ t all
 oil produc$ pursuant to su* leases1 &  
all ref9$ petroleum products produc$ f  
su* oil1 %all be (f]$ = sale only 9 !   
,unit$ ,/ates1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,keep ,am]ica's ,oil ,"h ,act4  #b4     
,f9d+s ,! ,congress f9ds ! foll[+3  7#a7
 ,! ,unit$ ,/ates is tak+ a numb] ( /eps
 to r$uce dome/ic consumption ( oil4    
7#b7 ,9 #bjjg1 ! ,congress pass$ !      
,en]gy ,indep5d5ce & ,security ,act (   
#bjjg 7,public ,law #aaj-adj71 :i*      
increas$ fuel economy /&>ds to at lea/  
#ce miles p] gallon by #bjbj & e/abli%$ 
r5ewable fuel /&>ds to ensure t en\gh   

r5ewable fuel is produc$ by #bjbb to    
r$uce ! ne$ = #a4f million b>rels ( oil 
p] day4 ,^! programs to r$uce our       
dome/ic oil consumption h yet to be     
fully implem5t$4  7#c7 ,! adm9i/ration (
 ,presid5t ,obama is accel]at+ !        
implem5tation ( ! fuel economy /&>ds &  
gre5h\se gas emission /&>ds4  7#d7 ,9   
#bjaj1 ! ,presid5t issu$ a rule t       
requir$ increas$ fuel economy & decreas$
 global w>m+ emissions = light-duty     
vehicles produc$ 9 model ye>s           
#bjab-bjaf4 ,?is rule is 9 ! process (  
be+ implem5t$1 & w r$uce ! ne$ = an     
additional #a4i million b>rels ( oil p] 
day by #bjcj & r$uce ! ne$ = #b4c       
million b>rels ( oil p] day by #bjdj4   
7#e7 ,9 #bjab1 ! ,presid5t issu$ a f9al 
rule to implem5t increas$ fuel economy &
 r$uc$ global w>m+ emissions = light    
duty vehicles produc$ 9 model ye>s #bjag
 ?r\gh #bjbe4 ,?is rule1 once fully     
implem5t$1 w r$uce ! ne$ = an additional
 #a4e million b>rels ( oil p] day by    
#bjcj & r$uce ! ne$ = #b4d million      

b>rels ( oil p] day by #bjdj4  7#f7 ,^! 
actions w help r$uce dome/ic consumption
 ( crude oil1 :i* is an exhau/ible      
natural res\rce4 ,^! measures repres5t  
only a portion ( ,f$]al ,gov]nm5t ef=ts 
to assi/ economic gr[? & r$uce economic 
pressures relat+ to high oil prices4    
7#g7 ,z ! result ( actions und]tak5 by !
 ,congress & ! executive bran*1 dome/ic 
oil production has ramp$ up consid]ably4
 ,crude oil production 9 ! ,unit$ ,/ates
 is at its highe/ level 9 #ae ye>s1 :ile
 production ( oil & natural gas liquids 
comb9$ is at its highe/ level 9 #bj     
ye>s4 ,dome/ic oil production is expect$
 to cont9ue ris+ ?r\gh #bjbj4           
,re/rictions on exports ( oil produc$ on
 public l&s are a necess>y & appropriate
 complem5t to en]gy effici5cy measures &
 w help to ensure a reliable & af=dable 
supply ( su* oil & ref9$ products f su* 
oil4  #c4 ,no =eign sales ( oil produc$ 
on ,f$]al l&s ,! ,secret>y ( ! ,int]ior 
may accept bids on any new oil & gas    
leases ( ,f$]al l&s 7includ+ subm]g$    

l&s7 "u ! ,m9]al ,leas+ ,act 7#cj       
,u4,s4,c4 #aha et seq47 or ! ,out]      
,cont95tal ,%elf ,l&s ,act 7#dc         
,u4,s4,c4 #acca et seq47 only f bidd]s  
c]tify+ t all crude oil produc$ "u su*  
leases1 & all ref9$ petroleum products  
produc$ f su* crude oil1 %all be (f]$ = 
sale only 9 ! ,unit$ ,/ates4  #d4 ,waiv]
 ,! ,presid5t may provide = waiv] ( !   
application ( section #c ) respect to a 
lease 9 a case 9 :i*--  7#a7 ! ,presid5t
 det]m9es t su* a waiv] is 9 ! national 
int]e/ because x--  7,a7 w n lead to an 
increase 9 dome/ic consumption ( crude  
oil obta9$ f c\ntries ho/ile to ,unit$  
,/ates int]e/s or t h political &       
economic in/ability t compromises en]gy 
supply security2  7,b7 w n lead to high]
 co/s to oil ref9]s t pur*ase ! crude   
oil ?an su* ref9]s w\ld h to pay = crude
 oil 9 ! abs5ce ( su* a waiv]2 &  7,c7 w
 n lead to high] gasol9e co/s paid by   
consum]s ?an consum]s w\ld h to pay 9 ! 
abs5ce ( su* a waiv]2  7#b7 an ex*ange (
 crude oil or ref9$ petroleum products  

provides = no net loss ( crude oil or   
ref9$ petroleum products1 respectively1 
consum$ dome/ically2  7#c7 a waiv] is   
necess>y "u ! ,con/itution1 a law1 or an
 int]national agreem5t2 or  7#d7 a /&+  
trade agreem5t ) a ,nor? ,am]ican trad+ 
p>tn] all[s = su* exports1 & all crude  
oil & ref9$ petroleum products export$  
"u su* a waiv] w be consum$ 9 ,nor?     
,am]ica4  #e4 ,sunset  7a7 ,9 g5]al ,?is
 ,act1 includ+ any c]tification made    
pursuant to ?is ,act1 %all h no =ce or  
effect aft] ! expiration ( ! #aj-ye>    
p]iod beg9n+ on ! date ( enactm5t ( ?is 
,act4  7b7 ,report ,two ye>s be=e ! end 
( ! p]iod ref]r$ to 9 subsection 7a71 ! 
,secret>y ( ! ,int]ior & ! ,comptroll]  
,g5]al ( ! ,unit$ ,/ates %all ea* submit
 a report to ! ,congress on ! impact (  
?is ,act on oil production on ,f$]al    
l&s1 consumption ( oil & ref9$ petroleum
 products 9 ! ,unit$ ,/ates1 & prices & 
m>kets = oil & ref9$ petroleum products 
9 ! ,unit$ ,/ates4  #f4 ref9$ petroleum 
product def9$ ,9 ?is ,act ! t]m ref9$   

petroleum product means any ( ! foll[+3 
7#a7 ,f9i%$ re=mulat$ or conv5tional    
motor gasol9e4  7#b7 ,f9i%$ aviation    
gasol9e4  7#c7 ,k]os5e-type jet fuel4   
7#d7 ,k]os5e4  7#e7 ,di/illate fuel oil4
  7#f7 ,residual fuel oil4  7#g7        
,lubricants4  7#h7 ,waxes4  7#i7        
,petroleum coke4  7#aj7 ,asphalt & road 
oil4