42 U.S.C. § 6217 — Scientific inventory of oil and gas reserves
submitted 26 years ago by Pub. L. 106-469 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 219 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The Secretary* of the Interior, in consultation with the Secretaries of Agriculture and Energy, shall conduct an inventory of all onshore Federal lands. The inventory shall identify—
the United States Geological Survey estimates of the oil and gas resources underlying these lands;
the extent and nature of any restrictions or impediments to the development of the resources, including—
impediments to the timely granting of leases;
post-lease restrictions, impediments, or delays on development for conditions of approval, applications for permits to drill, or processing of environmental permits; and
permits or restrictions associated with transporting the resources for entry into commerce; and
the quantity of resources not produced or introduced into commerce because of the restrictions.
Once completed, the USGS resource estimates and the surface availability data as provided in subsection (a)(2) shall be regularly updated and made publicly available.
The inventory shall be provided to the Committee on Resources of the House of Representatives and to the Committee on Energy and Natural Resources of the Senate within 2 years after November 9, 2000.
Using the inventory, the Secretary of Energy shall make periodic assessments of economically recoverable resources accounting for a range of parameters such as current costs, commodity prices, technology, and regulations.
Source credit: (Pub. L. 106–469, title VI, § 604, Nov. 9, 2000, 114 Stat. 2041; Pub. L. 109–58, title III, § 364(a), Aug. 8, 2005, 119 Stat. 723.)
- 2000Enacted · Pub. L. 106-469 · 114 Stat. 2041
- 2005Amended · Pub. L. 109-58 · 119 Stat. 723
A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-469 on 2000-11-09.
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