House GOP Proposes Plan to Speed Up E&P in Alaskan Energy Reserve

摘要

House Republicans have introduced legislation that aims to carry out President Barack Obama's recent promise to hold annual lease sales in the National Petroleum Reserve-Alaska (NPR-A), a natural gas- and oil-rich area where exploration spending has dwindled in recent years as producers have struggled with time-consuming leasing and permitting hurdles at the federal level. Rep. Doc Hastings (R-Washington), who chairs the House Natural Resources Committee, released a discussion draft of a bill last week that would streamline the NPR-A permitting process.