Skip to main content
HR 4325 112th Congress House Energy Energy storage, supplies, demand General public lands matters Marine and coastal resources, fisheries Oil and gas Trade restrictions

Keep America's Oil Here Act

Introduced: March 29, 2012 Introduced by: Markey, Edward J. Democratic · Massachusetts See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 16, 2012
Referred to the Subcommittee on Energy and Mineral Resources.
Mar 29, 2012
Referred to the House Committee on Natural Resources.
Mar 29, 2012
Introduced in House
 Plain-English summary Congressional Research Service

Keep America's Oil Here Act - Authorizes the Secretary of the Interior to accept bids on any new oil and gas leases of federal lands (including submerged lands) only from bidders certifying that all crude oil produced under such leases, and all refined petroleum products made from such crude oil, shall be offered for sale only in the United States.

Authorizes the President to waive such limited leasing authorization upon specified determinations, including that waiver is in the national interest because it will not lead to: (1) an increase in domestic consumption of crude oil obtained from countries hostile to U.S. interests or that have political and economic instability compromising energy supply security, (2) higher costs to oil refiners purchasing the crude oil than the refiners would have to pay in the absence of such a waiver; and (3) higher gasoline costs paid by consumers than they would have to pay in the absence of such a waiver.

What's happening now April 16, 2012

Referred to the Subcommittee on Energy and Mineral Resources.

 Committees of jurisdiction 2