A bill to review the present and prospective uses of the lands of the United States, and to stimulate the production of oil and gas from such lands.

[AI summary unavailable — showing source text] Directs the Secretary of the Interior to review and report to Congress the present and prospective uses of public lands. Directs the Secretary to report within sixty days the reserved, unreserved, and acquired lands of the United States that contain petroleum or other energy resources. Authorizes and directs the Secretary to encourage and stimulate the exploration and development of the oil and gas resources of the public and acquired lands, except lands in the National Park System, the National Wildlife System, the Wild and Scenic Rivers System, and the National Wilderness System. Authorizes the Secretary to establish national oil and oil shale reserves on any reserved or unreserved public or acquired lands of the United States, such reserves to be developed only pursuant to statutes enacted subsequent to this Act. Directs the Secretary to provide for competitive bidding for development of oil and gas resources of the lands of the United States.…