Home > legislation > Page
Protecting Investment in Oil Shale the Next Generation of Environmental, Energy, and Resource Security (PIONEERS) Act (H.R. 3408)
Status: Passed the House on February 16, 2012 with a bipartisan vote of 237 to 187 and was laid upon the table.
  • The PIONEERS Act will create new American jobs by setting clear rules for the development of U.S. oil shale resources and promoting shale technology research and development.
  • According to the U.S. Geological Survey (USGS), the U.S. holds more than half of the world’s oil shale resources. The largest known deposits of oil shale are located in a 16,000-square mile area in the Green River formation in Colorado, Utah and Wyoming.
  • The USGS estimates show the region may hold more than 1.5 trillion barrels of oil – six times Saudi Arabia’s proven resources, and enough to provide the United States with energy for the next 200 years.
  • Since taking office the Obama Administration has repeatedly hindered oil shale development, preventing the production of this new energy resource and blocking the creation of thousands of American jobs. This bill will provide greater certainty to U.S. job-creators and encourage them to invest in new technology.
  • Specifically, the PIONEERS Act will:
    • Direct the Secretary of the Interior to issue additional Research, Development & Demonstration (RD&D) leases within 180 days after enactment of bids published on January 15, 2009.

    • Direct the Secretary of the Interior to issue at least 5 separate commercial lease sales by January 1, 2016.

    • Make permanent the Resource Management Plan amendments and commercial oil shale regulations published guidelines by the Department in November 2008 and apply them to all commercial leasing for the management of federally owned oil shale. This will provide regulatory certainty to oil and natural gas producers for commercial development.

    • Give the Secretary of the Interior the ability to temporarily reduce royalties and fees paid by oil producers in order to further incentivize and encourage energy development.

Related Documents:

Click for information on the American Energy Initiative

    Give us Your Feedback on H.R. 3408:

    Latest News

    Interior Lacks Enforcement and Accountability for Unethical Behavior and Criminal Conduct

    Today, the Subcommittee on Oversight and Investigations held an oversight hearing on the lack of enforcement and accountably from the Obama Administration in response to a growing number of reports of...... Read more

    Bishop and Westerman Praise Senator Roberts’ Wildfire Legislation

    Yesterday, U.S. Senator Pat Roberts (R-KS), Chairman of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, introduced S. 3085, the Emergency Wildfire and Forest Management Act of 2016. ...... Read more

    BLM Fracing: Courts Provide a Much Needed Check on the Obama Administration’s Overwhelming Regulatory Overreach

    Yesterday, a federal judge struck down the Bureau of Land Management’s (BLM) hydraulic fracturing rule the Department of the Interior (DOI) issued in March 2015. The judge stated that DOI does not hav...... Read more

    View All News

    Calendar

    Legislative Hearing on the "Innovation in Offshore Leasing Act"
    Subcommittee on Energy and Mineral Resources | 1324 Longworth House Office Building Washington D.C. 20515
    View All Events