Policy Impact Analysis - 117/S/3752

Bill Overview

Title: American Energy Independence from Russia Act

Description: This bill addresses U.S. energy security, the production of oil and gas, and the importation and exportation of oil and gas. Specifically, the President must submit an energy security plan that (1) evaluates U.S. crude oil, petroleum products, and natural gas imports and exports; (2) assesses the energy security risks of such imports; and (3) includes strategies to encourage increased domestic production of crude oil, petroleum products, and natural gas to offset Russian imports. The bill also approves the TransCanada Keystone Pipeline in Phillips County, Montana for the import of oil from Canada to the United States. In addition, the bill grants the Federal Energy Regulatory Commission the authority to approve or deny applications for facilities to export natural gas from the United States to foreign countries or import natural gas from foreign countries. The President and federal agencies must obtain congressional approval before (1) prohibiting or substantially delaying certain new energy mineral leases or permits on federal lands, or (2) withdrawing certain federal lands from mineral and geothermal leasing activities. The Department of the Interior must resume issuing oil and gas leases on federal lands and offshore submerged lands in the Outer Continental Shelf as specified under the bill. Finally, the bill limits the drawdown of petroleum in the Strategic Petroleum Reserve until the Department of Energy develops a plan to increase the percentage of federal lands leased for oil and gas production.

Sponsors: Sen. Hoeven, John [R-ND]

Target Audience

Population: People affected by the American Energy Independence from Russia Act

Estimated Size: 100000000

Reasoning

Simulated Interviews

Oil and Gas Engineer (Houston, Texas)

Age: 35 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy could mean more job security for me.
  • I am worried about potential backlash from environmental groups.
  • Energy independence is important for national security.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 9 6
Year 20 9 6

Rancher (Billings, Montana)

Age: 48 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • The pipeline could disrupt my land and livestock.
  • I see potential for economic growth but at a personal cost.
  • Regulations must ensure safe pipeline construction.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Environmental Advocate (Portland, Oregon)

Age: 26 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 2/20

Statement of Opinion:

  • This policy is a step backward for our climate goals.
  • Increased fossil fuel production is not sustainable.
  • We need to consider renewables and alternatives instead.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 5
Year 2 3 5
Year 3 3 5
Year 5 3 5
Year 10 3 5
Year 20 3 5

Financial Analyst (New York, New York)

Age: 60 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy could stabilize energy prices in the long term.
  • There are risks associated with over-dependence on fossil fuels.
  • Industry diversification might be overshadowed by short-term gains.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 6 7
Year 10 6 6
Year 20 6 6

State Legislator (Bismarck, North Dakota)

Age: 41 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 2/20

Statement of Opinion:

  • This policy supports our state's economy and job market.
  • We must balance economic growth with environmental responsibility.
  • Local governments should have more input in resource management.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Public Transport Worker (Los Angeles, California)

Age: 29 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • Domestic energy production could mean cheaper gas prices.
  • Long-term impacts on the environment concern me.
  • Affordable energy is crucial, especially for low-income earners.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 4
Year 3 5 4
Year 5 5 4
Year 10 5 4
Year 20 5 4

Oil Rig Worker (Tulsa, Oklahoma)

Age: 52 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • More job opportunities are possible with this policy.
  • Safety standards must not be compromised in expansion.
  • I've seen industries swing from boom to bust, affecting livelihoods.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 7
Year 10 9 7
Year 20 9 7

Geologist (Denver, Colorado)

Age: 37 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 4/20

Statement of Opinion:

  • Federal land leases for energy change landscape use.
  • Increased fossil fuel use impacts climate negatively.
  • There is potential for positive job growth in geology.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Small Business Owner (Chicago, Illinois)

Age: 33 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • Energy costs are a major factor in our expenses.
  • Stable energy pricing is essential for planning.
  • There might be indirect economic benefits, such as increased local spending.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 5 5
Year 20 5 5

Retiree (Santa Fe, New Mexico)

Age: 62 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • I value natural spaces and am concerned about their preservation.
  • The policy seems focused on industries that ignore long-term environmental health.
  • Future generations may bear the cost of short-term gains.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 5
Year 2 4 5
Year 3 4 5
Year 5 4 5
Year 10 4 5
Year 20 4 5

Cost Estimates

Year 1: $800000000 (Low: $700000000, High: $900000000)

Year 2: $850000000 (Low: $750000000, High: $950000000)

Year 3: $900000000 (Low: $800000000, High: $1000000000)

Year 5: $950000000 (Low: $850000000, High: $1050000000)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations