Keep America's Oil Here Act

Summary

Keep America's Oil Here Act - Authorizes the Secretary of the Interior to accept bids on any new oil and gas leases of federal lands (including submerged lands) only from bidders certifying that all crude oil produced under such leases, and all refined petroleum products made from such crude oil, shall be offered for sale only in the United States. Authorizes the President to waive such limited leasing authorization upon specified determinations, including that waiver is in the national interest because it will not lead to: (1) an increase in domestic consumption of crude oil obtained from countries hostile to U.S. interests or that have political and economic instability compromising energy supply security, (2) higher costs to oil refiners purchasing the crude oil than the refiners would have to pay in the absence of such a waiver, and (3) higher gasoline costs paid by consumers than they would have to pay in the absence of such a waiver. Declares this Act without force or effect 10 years after enactment of this Act. Instructs the Secretary of the Interior and the Comptroller General to report separately to Congress on the impact of this Act upon: (1) oil production on federal lands, (2) consumption of oil and refined petroleum products in the United States, and (3) prices and markets for oil and refined petroleum products in the United States.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 March 2013

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• Introduced in House (PDF)

  Introduced in House · EN · 14 March 2013

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• Introduced in House

  summary · EN · 14 March 2013

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