Policy Impact Analysis - 117/S/4227

Bill Overview

Title: A bill to streamline the oil and gas permitting process and to recognize fee ownership for certain oil and gas drilling or spacing units, and for other purposes.

Description: This bill prohibits the Department of the Interior from requiring a drilling permit under the Mineral Leasing Act for an action occurring within an oil and gas drilling or spacing unit, if (1) less than 50% of the minerals within the unit are federally owned, and (2) the federal government neither owns nor leases the surface estate within the unit's boundaries.

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

Target Audience

Population: People involved or impacted by oil and gas operations on mixed-ownership lands

Estimated Size: 3000000

Reasoning

Simulated Interviews

Oil Rig Supervisor (Midland, Texas)

Age: 45 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • The current permitting is a hassle. This policy would let us move quicker on projects.
  • I think it’ll boost jobs in the region, which is great for the community.

Wellbeing Over Time (With vs Without Policy)

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

Environmental Scientist (Casper, Wyoming)

Age: 34 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy could lead to more unchecked drilling, which is concerning.
  • I fear long-term environmental damage could outweigh short-term economic gains.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 5
Year 2 4 5
Year 3 5 5
Year 5 5 5
Year 10 5 6
Year 20 6 6

Retired Landowner (Grand Junction, Colorado)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 2/20

Statement of Opinion:

  • I think it’s good; more drilling means more royalties.
  • Environmental checks are important, but the slow process hurts revenue.

Wellbeing Over Time (With vs Without Policy)

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

Energy Policy Analyst (Denver, Colorado)

Age: 28 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • This streamlines processes and maybe helps small companies dominate less-regarded lands.
  • We should still be cautious of environmental integrity.

Wellbeing Over Time (With vs Without Policy)

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

Vice President of a Large Oil Company (Houston, Texas)

Age: 40 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • This would reduce lead times extensively, which is advantageous.
  • Financially beneficial for us, though we must manage regulatory reputation.

Wellbeing Over Time (With vs Without Policy)

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

Community Organizer (Santa Fe, New Mexico)

Age: 68 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • The policy may increase jobs but the ecological cost could hit marginalized communities the hardest.
  • We need more sustainable community investment, not just raw oil profits.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 5
Year 2 4 5
Year 3 5 5
Year 5 5 5
Year 10 5 6
Year 20 6 6

Environmental Activist (Salt Lake City, Utah)

Age: 22 | Gender: other

Wellbeing Before Policy: 4

Duration of Impact: 20.0 years

Commonness: 10/20

Statement of Opinion:

  • This policy seems short-sighted with potential grave environmental repercussions.
  • Fighting this kind of deregulation is crucial for preservation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 3 4
Year 2 3 4
Year 3 4 4
Year 5 4 5
Year 10 5 5
Year 20 6 6

Small Oil Business Owner (Bismarck, North Dakota)

Age: 54 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 1/20

Statement of Opinion:

  • This change might just save our business! It’s time-consuming to deal with.

Wellbeing Over Time (With vs Without Policy)

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

State Policy Advisor (Bakersfield, California)

Age: 30 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • A balanced approach is needed to ensure we aren’t tipping too far towards unchecked practices.
  • This could be good but must include increased oversight elsewhere.

Wellbeing Over Time (With vs Without Policy)

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

Attorney for Environmental Group (Oklahoma City, Oklahoma)

Age: 50 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • Concerned this policy reduces necessary regulatory scrutiny.
  • Legal battles are likely to increase if environmental protections are perceived to weaken.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 5
Year 2 4 5
Year 3 5 5
Year 5 5 5
Year 10 5 5
Year 20 6 6

Cost Estimates

Year 1: $70000000 (Low: $50000000, High: $90000000)

Year 2: $75000000 (Low: $55000000, High: $95000000)

Year 3: $80000000 (Low: $60000000, High: $100000000)

Year 5: $85000000 (Low: $65000000, High: $110000000)

Year 10: $100000000 (Low: $80000000, High: $130000000)

Year 100: $150000000 (Low: $120000000, High: $180000000)

Key Considerations