Sec. 3. Prioritization of United States energy independence
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The President shall— direct the Secretary of Energy, the Administrator of the Environmental Protection Agency, the Secretary of Transportation, the Secretary of Defense, and the Secretary of the Interior to prioritize United States energy independence; and not later than 120 days after the date of enactment of this Act, develop and submit to Congress, and make publicly available, a plan for the United States to achieve energy independence by 2024. Not later than 120 days after the date of enactment of this Act, the Secretary of Energy shall develop a program, promulgate rules, and issue guidance to ensure that the United States is— energy independent by 2024; and a net exporter of energy.
Not later than 120 days after the date of enactment of this Act, the Secretary of Energy shall review existing programs of the Department of Energy and promulgate regulations to reduce the regulatory burden on private United States entities harvesting energy through hydraulic fracturing. Not later than 120 days after the date of enactment of this Act, the Administrator of the Environmental Protection Agency (referred to in this subsection as the Administrator ) shall— identify and repeal any regulations promulgated by the Administrator during the 15-year period preceding the date of enactment of this Act that have the intent or effect of substantially reducing the energy independence of the United States; and promulgate regulations and issue guidance relating to— reducing the regulatory burden for energy producers in the United States; increasing the energy output by those producers; and setting the social cost of carbon to $0 per metric ton.
The Administrator shall not propose, finalize, or issue any regulation relating to climate change if the Administrator determines that such a regulation will— reduce the energy security of the United States; or increase energy costs for consumers in the United States. Not later than 120 days after the date of enactment of this Act, the Secretary of Transportation shall— conduct a review of all existing programs of the Department of Transportation relating to transportation prices in the United States; and submit to Congress a report on the stability of transportation prices and the affordability of transportation in the United States.
Not later than 180 days after the date of enactment of this Act, the Secretary of Transportation shall promulgate regulations and issue guidance to promote stable and affordable gasoline and diesel prices for commuters in the United States. Not later than 120 days after the date of enactment of this Act, the Secretary of Defense shall submit to Congress and make publicly available a report reviewing the national security implications of the dependence of the United States and allied countries on Russian energy exports.
Not later than 60 days after the date of enactment of this Act, the Secretary of the Interior shall— conduct a review of existing Federal programs relating to the leasing of Federal land for oil and natural gas production; and based on the review, promulgate regulations and issue guidance— to promote the leasing of Federal land for oil and natural gas production; and to reduce regulatory burdens on energy companies in the United States. In this subsection: The term Commission means the Federal Energy Regulatory Commission.
The term covered application means an application submitted to the Commission relating to the construction, leasing, or operation of 1 or more pipelines. Not later than 120 days after the date of enactment of this Act, the Commission shall review and reconsider, in light of the national security implications of the energy independence of the United States, all covered applications denied by the Commission during the 10-year period ending on the date of enactment of this Act. Subject to subparagraph (B), the Commission shall— presume that all covered applications received by the Commission during the period beginning on the date that is 1 year before the date of enactment of this Act and ending on January 1, 2024, will have a positive effect on national security by contributing to the energy independence of the United States; and consider those covered applications to be granted, based on that presumption.
The Commission may overcome the presumption described in subparagraph
(A)and deny a covered application considered to be granted under that subparagraph if the Commission makes competing findings under any other Act with respect to the national security implications of the covered application.