S.Amdt. 5198

SA 5198. Mr. MENENDEZ submitted an amendment intended to be proposed to amendment SA 5132 submitted by Ms. Landrieu and intended to be proposed to the bill S. 3268, to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes; which was ordered to lie on the table; as follows:

Strike the period at the end of the amendment and insert a period and the following:

SEC. ___. CONSENT FOR NEW OIL AND GAS LEASING ACTIVITIES.

Notwithstanding any other provision of law, no new offshore oil and gas leasing, preleasing, or related activity may commence in any State--

(1)(A) in the waters of which offshore oil and gas preleasing, leasing, and related activity has, as of the date of enactment of this Act, never been permitted; or

(B) all or a portion of the waters of which are subject to any moratorium on oil and gas preleasing, leasing, and related activity described in section 104 or 105 of the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 (Public Law 110-161; 121 Stat. 2118), regardless of whether any preleasing, leasing, or related activity is ongoing in the waters of the State as of the date of enactment of this Act; and

(2) without the consent of each other State the waters of which are located within 100 miles of the waters of the State in which the new offshore oil and gas preleasing, leasing, or related activity is proposed to occur.