Stop Giving Big Oil Free Money Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2053 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2053 To prohibit the Secretary of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to a person that does not renegotiate its existing leases in order to require royalty payments if oil and natural gas prices are greater than or equal to specified price thresholds, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 11, 2025 Mr. Grijalva introduced the following bill; which was referred to the Committee on Natural Resources _______________________________________________________________________ A BILL To prohibit the Secretary of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to a person that does not renegotiate its existing leases in order to require royalty payments if oil and natural gas prices are greater than or equal to specified price thresholds, and for other purpos…