Rep. Cory Gardner introduced H.R. 4480, the Strategic Energy Production Act of 2012, which would link tapping the Strategic Petroleum Reserve (SPR) to increasing energy production on federal lands. If the President releases oil from the SPR, the Administration would be required to develop a plan to lease more federal lands for exploration and production.
Rep. Gardner issued the following statement:
"Sadly, our world isn't getting any safer and the likelihood that our reserves will need to be tapped only grows. If such a tragedy occurs, it is prudent to ensure that we have the ability to quickly find ways to explore and develop resources here in our own country. This bill does just that - it says that if the President draws down the Strategic Petroleum Reserve (SPR), a plan must be in place to increase leases on federal lands so more production can occur."