This is our first attempt at significant energy legislation since 2007 and a great deal has changed in less than a decade

said House Energy and Commerce Committee Chairman Rep. Fred Upton (R-MI), who introduced the bill in September. “Fears of America running out of energy have been replaced by a once incomprehensible rise in domestic oil and natural gas production. But our laws and regulations need to be updated in order to reflect this new reality.” (Source: The Hill)

Specific provisions in the bill would: