Raúl Grijalva (D-AZ)
Stop Giving Big Oil Free Money Act
A Democratic bill with no cosponsors.
Introduced in the House
Now: handed to a committee to examine — Committee on Natural Resources · Mar 11
This bill seeks to restrict the issuance of new oil or natural gas leases in the Gulf of Mexico.
Yes· 2 of 3
- Scored +5
Does this make the government pay for what it commits to?
The bill increases federal revenue by requiring oil and gas lessees to pay royalties when prices reach certain thresholds.
- Scored +5
Does this give the federal government more power?
The bill expands the regulatory and revenue-collection authority of the Secretary of the Interior over oil and gas lessees.
The opposite· 2 of 4
- Scored -5
Would business owners be better off under this?
Oil and gas companies face higher costs and new restrictions on lease transfers and new issuances.
- Scored -3
Does this reduce how much oil, gas and coal is produced?
The bill restricts the issuance of new oil and gas leases, which may discourage new production.