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President Trump designated domestic petroleum production, refining, and logistics—including pipelines, storage, and marine terminals—as essential to national defense. He authorized the Secretary of War to use purchases, commitments, and financial support to expand that capacity, and waived specified Defense Production Act requirements; the memorandum sets no funding amount or project timeline.
The order sets additional duties of 500% on goods from Russia and 100% on goods from certain major buyers of Russian oil and gas or facilitators of Russian oil sanctions evasion. It also waives the duties and many sanctions and restrictions under the Graham Act and this order; the waivers remain in effect until the President or Secretary of State determines further action is appropriate.
Bill S-5688, States gain more oil and gas leasing revenue, bill would boost states' share of oil and gas leasing revenue from acquired lands; specifics on distribution and start date are not provided. It is at Introduced as of October 15, 2026. Sponsored by Bernie Moreno (R).
Bill HR-10828, Sanctions target Russia oil and gas, house bill would impose sanctions on Russia's oil and gas extraction and refining. It is at Introduced as of October 15, 2026. Sponsored by Gregory Meeks (D), William Keating, Ami Bera, Dina Titus, Jonathan Jackson, Jim Costa, Gabe Amo, Kweisi Mfume, Johnny Olszewski, George Latimer, Julie Johnson, Sarah McBride, Bradley Schneider, Madeleine Dean, Debbie Wasserman Schultz, Don Bacon, Steny Hoyer, Ted Lieu, Jared Moskowitz, Greg Stanton, Brad Sherman, Jimmy Panetta, Donald Beyer, Richard Neal, Marcy Kaptur, Deborah Ross, James Walkinshaw, Grace Meng, Debbie Dingell, Jason Crow, and Joe Courtney.
Bill HR-10831, States gain share of oil leasing revenue, house bill would boost states' share of oil and gas leasing revenue from acquired lands by amending the Mineral Leasing Act. It is at Introduced as of October 15, 2026. Sponsored by David Taylor (R).
Saskatchewan accepted bids on 75 oil and gas parcels covering 22,350 hectares in its October 6 public offering, generating more than $29 million. The sale included six exploration licences, which brought in a total of about $19.8 million; the next offering is scheduled for December 1, 2026.
Bill HR-10789, Moratorium on oil and gas at Eglin range, lawmakers would pause oil and gas exploration and production in the Eglin Gulf Test and Training Range under a proposed bill. It is at Introduced as of October 9, 2026. Sponsored by Jimmy Patronis (R), Vern Buchanan, Scott Franklin, John Rutherford, Neal Dunn, Daniel Webster, Gus Bilirakis, Mike Haridopolos, and Carlos Gimenez.
President Donald Trump proclaimed October 2026 National Energy Dominance Month, using the designation to highlight his administration’s energy policies and goals. The proclamation cites expanded oil and gas production, power-grid upgrades and efforts to lower energy costs, but does not announce a new program or funding commitment.
Bill HR-10721, Stop Orphaned Wells Act, it would require financial assurances before oil and gas work on federal lands. It is at Introduced as of October 5, 2026. Sponsored by Yassamin Ansari (D), Jared Huffman, Adelita Grijalva, Dave Min, Lateefah Simon, Julia Brownley, and Joe Neguse.
G7 leaders agreed to release 100 million barrels through the International Energy Agency over four months to respond to oil market volatility. They also plan to coordinate refinery operations, avoid energy export restrictions among G7 members, and review whether more diesel is needed.
Bill HR-10434, Oil and Gas Trust Fund Act, creates a tax-code trust fund to fund investments in oil and gas communities. It is at Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of September 16, 2026.
Bill HR-8600, Fuel Tax Suspension and Credit Limits, reduce some fuel excise taxes above $3.99/gal and limit certain oil and gas tax benefits; transfers replace lost trust fund revenue. It is at Referred to the House Committee on Ways and Means. as of April 30, 2026.
Bill S-5438, Coastal Plain Leasing Ratification, ratifies and approves approvals for establishing and running the Coastal Plain oil and gas leasing program. It is at Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 678. as of September 22, 2026.
Bill S-5630, Oil and Gas Land Reclamation, senate introduces bill to require financial assurances for federal oil leases; minimums rise to $200,000 per lease and $650,000 per operator in a state. It is at Introduced as of September 30, 2026. Sponsored by Michael Bennet (D), Alex Padilla, John Hickenlooper, Adam Schiff, and Ben Luján.
Bill S-5654, Moratorium on offshore oil leasing, a bill would bar the Secretary of War from offering oil and gas areas in the Eglin Gulf Range. It is at Introduced as of September 30, 2026. Sponsored by Rick Scott (R) and Ashley Moody.
LNG Canada has made a final investment decision on a $33-billion Phase 2 expansion in Kitimat, B.C. The project will double terminal capacity to 28 million tonnes a year and is expected to create more than 4,000 construction jobs. TC Energy also approved a Coastal GasLink expansion that will double the pipeline’s existing capacity, with construction expected to begin next year and create over 2,000 jobs.
Bill HR-8990, Protect Domestic Oil and Gas Small Business, exempts low-producing oil and gas "marginal wells" from many Clean Air Act performance and monitoring requirements. It is at Referred to the House Committee on Energy and Commerce. as of May 21, 2026.
Bill HR-9338, Pipeline Safety Improvement and Information Act, creates a confidential info-sharing hub, raises penalties, and funds pipeline safety programs. It is at Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 8. as of July 21, 2026.
Bill S-5569, Oil Company Windfall Profits Tax Act of 2026, creates a 50% fee on certain integrated oil companies’ profits above a calculated historical average. It is at Introduced as of September 28, 2026. Sponsored by Adam Schiff (D).
Bill HRES-57, Recognizing Domestic Natural Gas Benefits, a House resolution supports domestic natural gas production, infrastructure, and exports. It is at Referred to the Committee on Energy and Commerce, and in addition to the Committee on Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of January 23, 2025.
