Expression of Interest Sensibility Act

This bill modifies the Mineral Leasing Act to require fees for "expressions of interest" in federal oil and gas lease sales. It directly affects companies or individuals who submit expressions of interest for land available for oil/gas exploration but do not receive a lease bid. The key provision states that if land covered by an expression of interest is offered at a lease sale with no bids, the first submitter pays a fee; if a bid is successful, the winning bidder pays the fee. Expressions of interest remain active for at least five years unless the land is offered at a lease sale.