More Pro-Active Energy Legislation Coming Out of GOP House
HR 1231 requires that a production goal be set for each of the 5-year lease plans an administration puts forth, and it sets one already for the Obama administration: 3 million barrels of oil per day and 10 billion cubic feet of natural gas per day by 2027.
It also requires that the five year plans conduct lease sales where there is the greatest amount of natural reserves.