Energy (Oil & Gas)

The JOAN Act streamlines the approval process for natural gas projects by designating the Federal Energy Regulatory Commission as the sole lead agency for environmental reviews and establishing strict deadlines for all involved federal and state agencies to complete their permitting steps. To speed up legal challenges, the bill creates a single, exclusive court process for lawsuits against these projects, which must be resolved within 180 days and limits the ability of courts to issue long-term injunctions or order new evidence gathering. Additionally, the legislation allows project sponsors to continue construction on unaffected parts of a project while legal disputes are ongoing and requires agencies to accept data gathered through remote surveys like aerial photography.

The Vehicle Innovation Act of 2026 directs the Department of Energy to consolidate its vehicle technology programs and fund research aimed at improving fuel efficiency and reducing emissions across all vehicle types. This legislation authorizes over $1.7 billion in appropriations from 2027 to 2031 to support domestic development of advanced technologies, including electric vehicles, hydrogen fuel cells, natural gas systems, and improved manufacturing processes. The bill mandates that these activities be conducted through partnerships with private industry, universities, and state governments, while requiring annual reports to Congress on progress and commercial adoption. Additionally, the act establishes specific programs to test heavy-duty truck technologies, explore secondary uses for vehicle batteries, and update existing federal authorities related to energy efficiency.

This bill expands existing federal laws to require greater transparency and reporting in the transportation fuel market, which includes gasoline, diesel, jet fuel, and biofuels. It directs the Federal Trade Commission to create a new unit dedicated to monitoring crude oil and fuel markets for unfair practices, such as market manipulation or the reporting of false data. The legislation also mandates that the Department of Energy conduct detailed surveys of energy companies to collect and publish specific data on fuel buying, selling, storage, and pricing. Additionally, the bill increases the maximum civil penalty for violating these transparency rules from $1 million to $2 million and requires the FTC to report on its enforcement history.

This bill, known as the Lowering Utility Bills Act, aims to reduce electricity and natural gas costs by regulating how utility companies calculate their profits and what expenses they can pass on to customers. It requires transmission providers and investor-owned utilities to determine a reasonable profit range based on historical stock market returns from academics, large financial institutions, and major global banks, then generally limits their authorized profit to the lowest point in that range. Additionally, the legislation bans utilities from recovering specific costs in customer rates, including lobbying fees, political contributions, executive travel, and entertainment expenses. The bill also mandates that utilities prioritize lower-cost grid technologies in their planning and requires them to publicly justify any decision to use a higher profit rate than the standard minimum.

This bill, titled the Protect Domestic Oil and Gas Small Business Act of 2026, exempts small oil and gas wells from specific environmental regulations under the Clean Air Act. It directly affects owners and operators of marginal wells, defined as sites producing 15 barrels of oil or less per day, or 90,000 cubic feet of natural gas or less per day. The legislation removes requirements for monitoring, reporting, and leak detection for these smaller operations, while also mandating that the EPA approve any state plan revisions granting this exemption within 180 days. Additionally, the bill requires the EPA to update its regulations to reflect these changes and to terminate any ongoing enforcement actions against marginal wells that were initiated before the law takes effect.

This resolution condemns state policies that limit domestic oil production and refining capacity, arguing that such restrictions raise gasoline prices and harm national security. It specifically cites states like California as examples where these regulations have led to higher fuel costs for consumers and increased expenses for the Department of Defense. The text warns against similar federal restrictions and encourages policies that support domestic energy development to ensure affordable fuel for American families and military readiness.

Energy and Water Development and Related Agencies Appropriations Act, 2027 This bill provides FY2027 appropriations for U.S. Army Corps of Engineers civil works projects, the Department of the Interior's Bureau of Reclamation, the Department of Energy (DOE), and several independent agencies. The bill provides appropriations for U.S. Army Corps of Engineers civil works projects, including for Investigations, Construction, Mississippi River and Tributaries, Operation and Maintenance, the Regulatory Program, Flood Control and Coastal Emergencies, Expenses, the Office of the Assistant Secretary of the Army for Civil Works, and the Water Infrastructure Finance and Innovation Program. The bill provides appropriations to the Department of the Interior for the Central Utah Project and the Bureau of Reclamation. The bill provides appropriations to DOE for energy programs, including Critical Minerals and Energy Innovation; Cybersecurity, Energy Security, and Emergency Response; Electricity; Nuclear Energy; Hydrocarbons and Geothermal Energy; Naval Petroleum and Oil Shale Reserves; the Strategic Petroleum Reserve; the Northeast Home Heating Oil Reserve; the Energy Information Administration; Non-Defense Environmental Cleanup; the Uranium Enrichment Decontamination and Decommissioning Fund; Science; Nuclear Waste Disposal; the Advanced Research Projects Agency—Energy; the Title 17 Innovative Technology Loan Guarantee Program; the Advanced Technology Vehicles Manufacturing Loan Program; the Tribal Energy Loan Guarantee Program; Indian Energy Policy and Programs; Departmental Administration; and the Office of the Inspector General. The bill also provides appropriations to DOE for Atomic Energy Defense Activities of the National Nuclear Security Administration, Environmental and Other Defense Activities, and the Power Marketing Administrations. The bill provides appropriations to several independent agencies, including the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission. The bill also sets forth requirements and restrictions for using funds provided by this and other appropriations acts.

The Geothermal Cost-Recovery Authority Act of 2026 allows the Department of the Interior to charge geothermal lease applicants and holders for administrative costs related to processing applications and monitoring activities such as drilling and site construction. Effective upon enactment, this authority applies through September 30, 2032, and covers expenses incurred during the review of permits and the inspection of exploration, drilling, and facility operations. While the Secretary of the Interior has the power to require full reimbursement, they must consider existing cost-sharing agreements and may reduce charges if full payment would cause economic hardship or hinder resource development. Any funds collected under this program must be used specifically to cover the same administrative and monitoring costs listed in the bill. Additionally, the Act requires a report to be submitted five years after enactment to assess the program's impact and recommend future updates.

The Protecting America's Small Oil and Gas Producers and Rural Jobs Act modifies federal tax rules to provide financial incentives for small oil and gas producers. It increases the percentage of income that can be deducted for taxes on marginal oil properties and removes a specific income limit that restricts these deductions. Additionally, the bill raises the threshold for counting oil as depletable from 1,000 to 2,000 barrels per well. These tax changes are designed to take effect for taxable years beginning after December 31, 2026.

This Senate resolution formally designates May 2026 as Renewable Fuels Month to honor the contributions of biofuels like ethanol and biodiesel. The bill highlights how these fuels support rural economies, create jobs, and reduce the nation's dependence on foreign oil. It also notes the environmental benefits, such as lower greenhouse gas emissions and improved air quality, without imposing any new laws or regulations.