Skip to main content
S 2906 116th Congress Senate Energy Energy prices Energy revenues and royalties Gulf of Mexico Marine and coastal resources, fisheries Oil and gas

Stop Giving Big Oil Free Money Act

Introduced: November 20, 2019 Introduced by: Markey, Edward J. Democratic · Massachusetts See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 20, 2019
Read twice and referred to the Committee on Energy and Natural Resources.
Nov 20, 2019
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Stop Giving Big Oil Free Money Act

This bill prohibits the Department of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico to any person who does not renegotiate certain existing leases to require royalty payments if the price of oil and natural gas is greater than or equal to specified price thresholds.

Interior must also, upon request, agree to amend any lease issued for any Central and Western Gulf of Mexico tract during the period of January 1, 1996, through November 28, 2000, to incorporate specified price thresholds.

What's happening now November 20, 2019

Read twice and referred to the Committee on Energy and Natural Resources.

 Related & companion bills 1
  • HR 5186 Related bill Stop Giving Big Oil Free Money Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2906: Stop Giving Big Oil Free Money Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2906/
MLA
"S. 2906: Stop Giving Big Oil Free Money Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2906/.
Bluebook (legal)
S. 2906, 116th Cong. (2026), https://openamerica.io/bill/116-S-2906/.
Markdown link
[S. 2906: Stop Giving Big Oil Free Money Act](https://openamerica.io/bill/116-S-2906/)
Report a problem