H.R. 4638 · 109th Congress
Domestic Natural Gas Supply Act of 2006
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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HallSponsorNo cosponsors.
Domestic Natural Gas Supply Act of 2006 - Instructs the Secretary of Energy to incorporate into the annual plan for the ultra-deepwater and unconventional onshore natural gas and other petroleum research and development program the goal of achieving a cumulative increase of 8.5 trillion cubic feet in domestic production of natural gas by 2015.
What it does: CRS summary · Introduced in House · Dec 18, 2005
Domestic Natural Gas Supply Act of 2006 - Instructs the Secretary of Energy to incorporate into the annual plan for the ultra-deepwater and unconventional onshore natural gas and other petroleum research and development program the goal of achieving a cumulative increase of 8.5 trillion cubic feet in domestic production of natural gas by 2015.
Amends the Energy Policy Act of 2005 to require that all excess federal royalties derived from federal onshore and offshore oil and gas leases up to $200 million be deposited into the Ultra-Deepwater and Unconventional Natural Gas and Other Petroleum Research Fund.
Defines excess federal royalties as the amount calculated on the basis of the difference between the prevailing market prices upon which the royalty payment was made and 110 % of the assumed market prices contained in specified economic assumptions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Domestic Natural Gas Supply Act of 2006
Latest action (Jan 9, 2006): Referred to the Subcommittee on Energy and Mineral Resources.
Policy area: Energy · Origin: House · Introduced: Dec 18, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.