,,ii  #aagth ,,congress  #ast ,session  
,s4 #bifb  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,october #g1   
#bjba,mr4 ,hickenlooper 7for himself1   
,mr4 ,heinrich1 and ,ms4 ,rosen7        
introduced the following bill2 which was
 read twice and referred to the         
,committee on ,energy and ,natural      
,resources  ,a ,,bill  ,to amend the    
,mineral ,leasing ,act to ensure market 
competition in onshore oil and gas      
leasing1 and for other purposes4  #a4   
,short title ,this ,act may be cited as 
the ,competitive ,onshore ,mineral      
,policy via ,eliminating                
,taxpayer-,enabled ,speculation ,act or 
the ,,competes ,act4  #b4 ,statement of 
policy ,it is the policy of the ,united 
,states that the ,secretary of the      
,interior shall not issue onshore oil   
and gas leases except through a         
competitive bidding process4  #c4       
,elimination of noncompetitive leasing  
under the ,mineral ,leasing ,act  7a7   
,oil and gas leasing ,section #ag of the

 ,mineral ,leasing ,act 7#cj ,u4,s4,c4  
#bbf7 is amended-- 7#a7 by striking     
subsection 7a7 and inserting the        
following3  7a7 ,leasing authority  7#a7
 ,in general ,all land subject to       
disposition under this ,act that is     
known or believed to contain oil or gas 
deposits may be leased by the           
,secretary4  7#b7 ,receipt of fair      
market value ,in conducting leasing     
activities under this ,act1 the         
,secretary shall ensure the receipt by  
the ,united ,states of fair market value
 for-- 7,a7 any land or resources leased
 by the ,united ,states2 and  7,b7 any  
rights conveyed by the ,united ,states4 
2  7#b7 in subsection 7b7-- 7,a7 in     
paragraph 7#a77;,a7-- 7i7 in the first  
sentence1 by striking paragraphs 7#b7   
and 7#c7 of this subsection and         
inserting paragraph 7#b72 and  7ii7 by  
striking the last sentence2 and  7,b7 by
 striking paragraph 7#c72  7#c7 by      
striking subsection 7c7 and inserting   
the following3  7c7 ,additional rounds  

of competitive bidding ,land made       
available for leasing under subsection  
7b77#a7 for which no bid is accepted or 
received1 or the land for which a lease 
terminates1 expires1 is cancelled1 or is
 relinquished1 may be made available by 
the ,secretary of the ,interior for a   
new round of competitive bidding under  
that subsection4  2 and  7#d7 by        
striking subsection 7e7 and inserting   
the following3  7e7 ,term of lease  7#a7
 ,in general ,any lease issued under    
this section1 including a lease for tar 
sand areas1 shall be for a primary term 
of #aj years4  7#b7 ,continuation of    
lease ,a lease described in paragraph   
7#a7 shall continue after the primary   
term of the lease for any period during 
which oil or gas is produced in paying  
quantities4  7#c7 ,additional extensions
 ,any lease issued under this section   
for land on which1 or for which under an
 approved cooperative or unit plan of   
development or operation1 actual        
drilling operations were commenced prior

 to the end of the primary term of the  
lease and are being diligently          
prosecuted at the time the primary term 
of the lease ends shall be extended for 
#b years and for any period thereafter  
during which oil or gas is produced in  
paying quantities4  4  7b7 ,conforming  
amendments ,section #ca of the ,mineral 
,leasing ,act 7#cj ,u4,s4,c4 #ahh7 is   
amended-- 7#a7 in subsection 7d77#a71 in
 the first sentence1 by striking or     
section #ag7;c7 of this ,act2  7#b7 in  
subsection 7e7-- 7,a7 in paragraph      
7#b7-- 7i7 by striking either2 and  7ii7
 by striking or the inclusion and all   
that follows through 1 all2 and  7,b7 in
 paragraph 7#c7-- 7i7 in subparagraph   
7,a71 by adding and after the semicolon2
  7ii7 by striking subparagraph 7,b72   
and  7iii7 by striking 7#c77;,a7 payment
 and inserting the following3  7#c7     
payment  2  7#c7 in subsection 7g7--    
7,a7 in paragraph 7#a71 by striking as a
 competitive and all that follows       
through of this ,act and inserting in   

the same manner as the original lease   
issued pursuant to section #ag2  7,b7 by
 striking paragraph 7#b72  7,c7 by      
redesignating paragraphs 7#c7 and 7#d7  
as paragraphs 7#b7 and 7#c71            
respectively2 and  7,d7 in paragraph    
7#b7 7as so redesignated71 by striking  
applicable to leases issued under       
subsection #ag7;c7 of this ,act 7#cj    
,u4,s4,c4 #bbf7;c77 except1 and         
inserting except2  7#d7 in subsection   
7h71 by striking subsections 7d7 and 7f7
 of this section and inserting          
subsection 7d72  7#e7 in subsection 7i71
 by striking 7i77#a7 ,in acting and all 
that follows through of this section in 
paragraph 7#b7 and inserting the        
following3  7i7 ,royalty reduction in   
reinstated leases ,in acting on a       
petition for reinstatement pursuant to  
subsection 7d7  2  7#f7 by striking     
subsection 7f72 and  7#g7 by            
redesignating subsections 7g7 through   
7j7 as subsections 7f7 through 7i71     
respectively4