A bill to repeal certain oil and gas incentives established in the Energy Policy Act of 2005, and for other purposes.

Fact Sheet API

Bill Number

S 2922

Introduced

Apr 28, 2008

Latest Action

Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S3444)

Sponsor

Cosponsors

Topics

Administrative procedure Continental shelf Department of the Interior Energy Gas in submerged lands Government Operations and Politics Gulf of Mexico Law Marine and coastal resources, fisheries Oil and gas royalties Oil well drilling Petroleum in submerged lands

Full Text

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Votes

Summary

Amends the Energy Policy Act of 2005 to repeal: (1) royalty incentives for natural gas production from ultra-deep and deep wells in the shallow waters of the Gulf of Mexico; and (2) royalty relief for deep water production in the Western and Central Planning Area of the Gulf of Mexico.

Actions

Apr 28, 2008

Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S3444)
Apr 28, 2008

Sponsor introductory remarks on measure. (CR S3444)
Apr 28, 2008

Introduced in Senate

Amendments

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