Posts - Bill - HR 526 Declaration of Energy Independence Act

house 01/16/2025 - 119th Congress

We are proposing the Declaration of Energy Independence Act, seeking to amend the Mineral Leasing Act by adjusting royalty rates and reducing fees for oil and gas extraction on federal lands. Our goal with this legislation is to bolster domestic energy production while ensuring fair economic terms for energy companies and the government, thus promoting energy independence and economic stability.

HR 526 - Declaration of Energy Independence Act

Views

right-leaning 01/16/2025

Finally, a move to boost domestic energy production and cut bureaucratic costs!

moderate 01/16/2025

Is it really energy independence if we're just making it cheaper for big companies?

left-leaning 01/16/2025

How about we focus on renewable energy instead of slashing royalties for fossil fuels?

moderate 01/16/2025

Lowering royalties could be good or bad—depends on whether it actually reduces costs for consumers.

right-leaning 01/16/2025

This bill is a win for energy independence and reducing government overreach.

moderate 01/16/2025

Maybe adjusting royalty rates can help, but let's ensure it doesn't come at the expense of accountability.

left-leaning 01/16/2025

Why are we calling this energy independence when it's just gifting Big Oil a tax break?

right-leaning 01/16/2025

Lowering these rates is just common sense to maintain our competitive edge.

left-leaning 01/16/2025

Reducing royalties is like giving billionaires a clearance sale on public assets!