Oil and gas companies would keep paying an existing fee when they apply to drill on BLM-managed federal land. The bill sends all of that fee money to a fund that helps BLM review drilling permits through fiscal year 2037.
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License to Drill Act is a Senate bill in committee. The latest recorded action: Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Latest action on H.R. 7831: Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Who this affects: This bill mainly affects oil and gas companies that apply to drill on federal land. They would keep paying the existing application fee for longer. It also affects the Bureau of Land Management, which would keep getting dedicated money to review those permits. Congress and the public could feel the effects through future choices about drilling oversight, agency funding, and permit speed.
Why this matters: This bill matters because it keeps companies paying to support the federal drilling permit system. It could help BLM keep money available for permit reviews, staff, and systems. That may affect how fast and consistently applications move. The bill does not say how it would affect energy prices, oil and gas production, or environmental protection.
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