Today Senator Catherine Cortez Masto (D-Nev.) sponsored the End Speculative Oil and Gas Leasing Act of 2021 that would prevent oil and gas speculators from leasing public lands that offer little to no potential for energy development.
Our nation’s public lands, and the people and wildlife who rely on them, face unprecedented challenges. Among them is the threat of speculative leasing, a destructive practice that allows oil and gas companies to tie up public lands with little to no potential for development in long-term leases. Speculative leasing not only wastes important government resources, but it also puts critical wildlife habitat in harm’s way, and hinders public access to the great outdoors, threatening important opportunities to connect with the landscape that is home to valuable cultural landmarks. Thankfully, it is not too late to stop this.
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