,,ii  #aagth ,,congress  #ast ,session  
,s4 #ccec  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,december #i1  
#bjba,mrs4 ,hyde-,smith introduced the  
following bill2 which was read twice and
 referred to the ,committee on          
,agriculture1 ,nutrition1 and ,forestry 
,a ,,bill  ,to provide solutions to the 
,united ,states energy crisis1 and for  
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,domestic      
,energy ,crisis ,relief ,act4  #b4      
,sense of the ,senate relating to       
lowering energy prices for ,american    
families ,it is the sense of the ,senate
 that the ,federal ,government should   
implement policies to lower energy      
prices for ,american families and to    
ensure the resiliency and energy        
independence of the ,united ,states by  
revising the regulatory agenda and      
legislative priorities of the ,biden    
,administration that relate to domestic 
oil and gas development1 such as by--   
7#a7 supporting the development of      

additional oil and gas pipelines to the 
,united ,states1 such as the ,keystone  
,,xl ,pipeline2  7#b7 following ,federal
 law and the intent of ,congress by     
imposing sanctions on ,nord ,stream #b  
,,ag and all individuals and entities   
involved in the planning1 construction1 
or operation of the ,nord ,stream #b    
,pipeline2  7#c7 withdrawing from the   
,paris ,climate ,agreement2  7#d7       
complying with the ,outer ,continental  
,shelf ,lands ,act 7#dc ,u4,s4,c4 #acca 
et seq472 and  7#e7 revising section    
#bjh of ,executive ,order #adjjh 7#hf   
,fed4 ,reg4 #gfbd 7,february #a1 #bjba72
 relating to tackling the climate crisis
 at home and abroad7 to allow oil and   
gas leases in the ,gulf of ,mexico and  
other offshore and onshore ,federal     
areas4  #c4 ,oil and gas leasing  7a7   
,in general ,the ,secretary of the      
,interior shall immediately resume oil  
and gas lease sales on ,federal land in 
compliance with the ,mineral ,leasing   
,act 7#cj ,u4,s4,c4 #aha et seq474  7b7 

,prohibition ,the ,president shall not1 
through ,executive order or any other   
administrative procedure1 pause1 cancel1
 delay1 defer1 or otherwise impede or   
circumvent the ,federal energy mineral  
leasing processes under the ,mineral    
,leasing ,act 7#cj ,u4,s4,c4 #aha et    
seq47 or the ,outer ,continental ,shelf 
,lands ,act 7#dc ,u4,s4,c4 #acca et     
seq47 or a related rulemaking process   
required by subchapter ,,ii of chapter  
#e1 and chapter #g1 of title #e1 ,united
 ,states ,code 7commonly known as the   
,administrative ,procedure ,act71       
without ,congressional approval4  #d4   
,authorization of ,keystone pipeline    
7a7 ,in general ,trans,canada ,keystone 
,pipeline1 ,l4,p4 may construct1        
connect1 operate1 and maintain pipeline 
facilities at the international border  
of the ,united ,states and ,canada in   
,phillips ,county1 ,montana1 for the    
import of oil from ,canada to the       
,united ,states as described in the     
,presidential ,permit of ,march #bi1    

#bjai 7#hd ,fed4 ,reg4 #acaja 7,april   
#c1 #bjai774  7b7 ,no ,presidential     
permit required ,no ,presidential permit
 7or similar permit7 under any          
,executive order shall be required for  
the construction1 connection1 operation1
 or maintenance of the pipeline         
facilities described in subsection 7a74 
#e4 ,federal share of certain oil and   
gas projects  7a7 ,definition of covered
 project ,in this section1 the term     
covered project means a project to      
conduct oil and gas resource assessments
 on ,federal land with significant oil  
and gas potential4  7b7 ,federal share  
,with respect to a covered project      
carried out jointly by a ,state and the 
,secretary of the ,interior1 the        
,federal share of the cost of the       
covered project shall be not less than  
#ej percent4  #f4 ,use of ,united       
,states workers and equipment           
manufactured in the ,united ,states     
,when practicable1 the ,secretary of the
 ,interior shall encourage the use of   

,united ,states workers and equipment   
manufactured in the ,united ,states in  
all construction activities carried out 
by the ,secretary relating to mineral   
resource development4  #g4 ,report on   
international regulation of energy      
commodity futures and derivatives  7a7  
,in general ,the ,commodity ,futures    
,trading ,commission shall conduct a    
study on the international regime for   
regulating trading in energy commodity  
futures and derivatives4  7b7 ,analysis 
,the study conducted under subsection   
7a7 shall include an analysis of1 at a  
minimum-- 7#a7 key common features and  
differences among countries in the      
regulation of energy commodity trading1 
including with respect to market        
oversight and enforcement2  7#b7        
agreements and practices for sharing    
market and trading data2  7#c7 the use  
of position limits or thresholds to     
detect and prevent price manipulation1  
excessive speculation described in      
section #d;a7a7 of the ,commodity       

,exchange ,act 7#g ,u4,s4,c4 #f;a7a771  
or other unfair trading practices2  7#d7
 practices regarding the identification 
of commercial and noncommercial trading 
and the extent of market speculation2   
and  7#e7 agreements and practices for  
facilitating international cooperation  
on market oversight1 compliance1 and    
enforcement4  7c7 ,report ,not later    
than #abj days after the date of        
enactment of this ,act1 the ,commodity  
,futures ,trading ,commission shall     
submit to the ,committee on             
,agriculture1 ,nutrition1 and ,forestry 
of the ,senate and the ,committee on    
,agriculture of the ,house of           
,representatives a report that-- 7#a7   
describes the results of the study      
conducted under that subsection2 and    
7#b7 provides recommendations to improve
 openness1 transparency1 and other      
necessary elements of a properly        
functioning market4  #h4 ,reporting and 
recordkeeping  7a7 ,in general ,section 
#d;g of the ,commodity ,exchange ,act   

7#g ,u4,s4,c4 #f;g7 is amended by adding
 at the end the following3  7g7 ,index  
traders and swap dealers ,the           
,commission shall-- 7#a7 not later than 
#ahj days after the date of enactment of
 this subsection1 issue a proposed rule 
regarding routine reporting requirements
 for index traders 7as defined by the   
,commission7 and swap dealers in energy 
and agricultural transactions 7as       
defined by the ,commission7 within the  
jurisdiction of the ,commission2  7#b7  
not later than #bgj days after the date 
of enactment of this subsection1 issue a
 final rule regarding the reporting     
requirements described in paragraph     
7#a72 and  7#c7 subject to section #h1  
disaggregate and make publicly available
 monthly information on the positions   
and value of index funds and other      
passive1 long-only positions in the     
energy and agricultural futures markets 
7as defined by the ,commission74  4  7b7
 ,report ,not later than #ij days after 
the date of enactment of this ,act1 the 

,commodity ,futures ,trading ,commission
 shall submit to the ,committee on      
,agriculture of the ,house of           
,representatives and the ,committee on  
,agriculture1 ,nutrition1 and ,forestry 
of the ,senate a report describing--    
7#a7 the scope of commodity index       
trading in the futures markets2  7#b7   
whether classification of index traders 
and swap dealers in the futures markets 
can be improved for regulatory and      
reporting purposes2 and  7#c7 whether1  
based on a review of the trading        
practices for index traders in the      
futures markets-- 7,a7 index trading    
activity is adversely impacting the     
price discovery process in the futures  
markets2 and  7,b7 different practices  
and controls should be required4  #i4   
,hiring of employees for improved       
oversight and enforcement ,as soon as   
practicable after the date of enactment 
of this ,act1 the ,commodity ,futures   
,trading ,commission shall hire not     
fewer than #ej additional full-time     

employees-- 7#a7 to increase the public 
transparency of operations in energy    
futures markets2  7#b7 to improve       
enforcement in those markets2 and  7#c7 
to carry out such other duties as the   
,commission determines to be            
appropriate4  #aj4 ,gulf of ,mexico     
outer ,continental ,shelf revenues  7a7 
,definition of qualified outer          
,continental ,shelf revenues ,section   
#ajb7i77;,a7 of the ,gulf of ,mexico    
,energy ,security ,act of #bjjf 7#dc    
,u4,s4,c4 #acca note2 ,public ,law      
#aji-dcb7 is amended-- 7#a7 in clause   
7i77,,ii71 by striking and after the    
semicolon2  7#b7 in clause 7ii7-- 7,a7  
in the matter preceding subclause 7,i71 
by striking fiscal year #bjag and each  
fiscal year thereafter and inserting    
each of fiscal years #bjag through      
#bjba2 and  7,b7 in subclause 7,,iii71  
by striking the period and inserting 2  
and2 and  7#c7 by adding at the end the 
following3  7iii7 in the case of fiscal 
year #bjbb and each fiscal year         

thereafter1 all rentals1 royalties1     
bonus bids1 and other sums due and      
payable to the ,united ,states received 
on or after ,october #a1 #bjba1 from    
leases entered into on or after ,october
 #a1 #bjjj1 for-- 7,i7 the #aha ,area2  
7,,ii7 the #aha ,south ,area2 and       
7,,iii7 the #bjjb-bjjg planning area4  4
  7b7 ,disposition of qualified outer   
,continental ,shelf revenues  7#a7 ,in  
general ,section #aje7;a7 of the ,gulf  
of ,mexico ,energy ,security ,act of    
#bjjf 7#dc ,u4,s4,c4 #acca note2 ,public
 ,law #aji-dcb7 is amended-- 7,a7 in    
paragraph 7#a71 by striking #ej and     
inserting #cg4e2 and  7,b7 in paragraph 
7#b7-- 7i7 in the matter preceding      
subparagraph 7,a71 by striking #ej and  
inserting #fb4e2  7ii7 in subparagraph  
7,a71 by striking #ge and inserting #hj2
 and  7iii7 in subparagraph 7,b71 by    
striking #be and inserting #bj4  7#b7   
,limitations on amount of distributed   
qualified outer ,continental ,shelf     
revenues ,section #aje7;f7 of the ,gulf 

of ,mexico ,energy ,security ,act of    
#bjjf 7#dc ,u4,s4,c4 #acca note2 ,public
 ,law #aji-dcb7 is amended-- 7,a7 in    
paragraph 7#a7-- 7i7 in subparagraph    
7,a71 by adding and after the semicolon2
  7ii7 in subparagraph 7,b71 by striking
 2 and and inserting a period2 and      
7iii7 by striking subparagraph 7,c72 and
  7,b7 in paragraph 7#b71 by striking   
#bjee and inserting #bjba4  7c7         
,exemption of certain payments from     
sequestration  7#a7 ,in general ,section
 #bee7;g77#a77;,a7 of the ,balanced     
,budget and ,emergency ,deficit ,control
 ,act of #aihe 7#b ,u4,s4,c4            
#ije7;g77#a77;,a77 is amended by        
inserting after ,payments to ,social    
,security ,trust ,funds                 
7#bh-jdjd-j-a-fea74 the following3      
,payments to ,states pursuant to section
 #aje7;a77#b77;,a7 of the ,gulf of      
,mexico ,energy ,security ,act of #bjjf 
7,public ,law #aji-dcb2 #dc ,u4,s4,c4   
#acca note7 7#jad-eece-j-b-cjb74 4  7#b7
 ,applicability ,the amendment made by  

this subsection shall apply to any      
sequestration order issued under the    
,balanced ,budget and ,emergency        
,deficit ,control ,act of #aihe 7#b     
,u4,s4,c4 #ijj et seq47 on or after the 
date of enactment of this ,act4