It similarly protects oil and gas development in NPRA from a shutdown by a future administration. And The bill is designed to give companies greater certainty in terms of the leases that they already have in these areas that they can't be canceled. Bottom line, Mr. President, this is the third prong of our ability to get Alaska to be developed again. And it does something pretty simple. (09:29–09:40)
STATEMENT
Asserts that the Act provides companies with greater certainty regarding the non-cancellation of existing leases.
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