May 17, 1995 CONGRESSIONAL RECORD — SENATE S6833

establish or reauthorize advisory commissions; however, given the unique circumstances in this case, the Administration

has no objection to this short extension.

S. 392, DAYTON (OH) AMERICAN HERITAGE

AMENDMENT

S. 392 will facilitate the appointment of

the Dayton Aviation Heritage Commission.

This bill will satisfy the Department of Justice’s concern that the process for appointing commission members raises constitutional issues, limiting the Secretary’s discretion to appoint members to the commission.

These amendments will correct this issue

and we support enactment of S. 392.

S. 551, HAGERMAN FOSSIL BEDS AND CRATERS OF

THE MOON (ID) BOUNDARY CHANGE

The National Park Service supports S. 551,

which would revise the boundaries of

Hagerman Fossil Beds National Monument

and Craters of the Moon National Monument. Similar legislation was unsuccessful

in the past two Congresses. Passage of this

legislation is critical to both parks. We recommend however that S. 551 incorporate language from the House version of H.R. 694 regarding Craters of the Moon National Monument. That language authorizes the NPS to

acquire ‘‘lands, waters, and interests therein’’ for the area of the boundary adjustment.

One of the primary reasons for the boundary

adjustment is to protect the monument’s potable water source and ‘‘waters’’ is not currently included in S. 551.

S. 587, OLD SPANISH TRAIL (CO/NM/NV/CA) STUDY

The National Park Service supports S. 587,

which authorizes the study of the Old Spanish Trail for potential inclusion into the National Trails System as a national historic

trail. The present language is not specific,

however, as to whether national historic or

national scenic trail status is sought. Because of the existing highway and other development along the trail we do not believe

it would meet the national scenic trail criteria. We recommend the bill be amended to

limit the study to national historic trail feasibility, which would greatly reduce study

cost and time to complete the project. In addition, we recommend that the legislation be

broadened to allow study of all components

of the Old Spanish Trail, including the

Dominguez-Escalante Trail, to assure a fair

and complete assessment of the trail, and if

designation is recommended, to allow inclusion of the trail’s best components.

S. 601, BLACKSTONE (MA/RI) HERITAGE AREA

REVISION

S. 601, would revise the boundaries of the

Blackstone River Valley National Heritage

Corridor in Massachusetts and Rhode Island.

The bill approved by the Senate committee

is the same bill reported by the committee in

September 1994. The National Park Service

supports S. 601, however, it does not address

the Department of Justice’s concern regarding appointments to Federal Advisory Committees. We will be happy to provide the

committee draft language to resolve this

concern. We hope the Senate will take this

matter into consideration before it takes

final action on S. 601.

The Office of Management and Budget has

advised that there is no objection to the

presentation of this report from the standpoint of the Administration’s program.

Sincerely,

GEORGE T. FRAMPTON, Jr.,

Assistant Secretary for Fish and

Wildlife and Parks.∑

ALASKA POWER ADMINISTRATION

ASSET SALE AND TERMINATION

ACT

The text of the bill (S. 395) to authorize and direct the Secretary of Energy

to sell the Alaska Power Marketing

Administration, and for other purposes, as passed by the Senate on Tuesday, May 16, 1995, is as follows:

S. 395

Be it enacted by the Senate and House of Representatives of the United States of America in

Congress assembled,

TITLE I

SEC. 101. SHORT TITLE.

This title may be cited as the ‘‘Alaska

Power Administration Asset Sale and Termination Act’’.

SEC. 102. SALE OF SNETTISHAM AND EKLUTNA

HYDROELECTRIC PROJECTS.

(a) The Secretary of Energy is authorized

and directed to sell the Snettisham Hydroelectric Project (referred to in this Act as

‘‘Snettisham’’) to the State of Alaska in accordance with the terms of this Act and the

February 10, 1989, Snettisham Purchase

Agreement, as amended, between the Alaska

Power Administration of the United States

Department of Energy and the Alaska Power

Authority and the Authority’s successors.

(b) The Secretary of Energy is authorized

and directed to sell the Eklutna Hydroelectric Project (referred to in this Act as

‘‘Eklutna’’) to the Municipality of Anchorage doing business as Municipal Light and

Power, the Chugach Electric Association,

Inc., and the Matanuska Electric Association, Inc. (referred to in this Act as

‘‘Eklutna Purchasers’’), in accordance with

the terms of this Act and the August 2, 1989,

Eklutna Purchase Agreement, as amended,

between the Alaska Power Administration of

the United States Department of Energy and

the Eklutna Purchasers.

(c) The heads of other Federal departments

and agencies, including the Secretary of the

Interior, shall assist the Secretary of Energy

in implementing the sales authorized and directed by this Act.

(d) Proceeds from the sales required by this

title shall be deposited in the Treasury of

the United States to the credit of miscellaneous receipts.

(e) There are authorized to be appropriated

such sums as may be necessary to prepare,

survey, and acquire Eklutna and Snettisham

assets for sale and conveyance. Such preparations and acquisitions shall provide sufficient title to ensure the beneficial use, enjoyment, and occupancy by the purchaser.

SEC. 103. EXEMPTION AND OTHER PROVISIONS.

(a)(1) After the sales authorized by this Act

occur, Eklutna and Snettisham, including

future modifications, shall continue to be exempt from the requirements of the Federal

Power Act (16 U.S.C. 791a et seq.) as amended.

(2) The exemption provided by paragraph

(1) does not affect the Memorandum of

Agreement entered into among the State of

Alaska, the Eklutna Purchasers, the Alaska

Energy Authority, and Federal fish and wildlife agencies regarding the protection, mitigation of, damages to, and enhancement of

fish and wildlife, dated August 7, 1991, which

remains in full force and effect.

(3) Nothing in this title or the Federal

Power Act preempts the State of Alaska

from carrying out the responsibilities and

authorities of the memorandum of Agreement.

(b)(1) The United States District Court for

the District of Alaska shall have jurisdiction

to review decisions made under the Memorandum of Agreement and to enforce the provisions of the Memorandum of Agreement,

including the remedy of specific performance.

(2) An action seeking review of a Fish and

Wildlife Program (‘‘Program’’) of the Governor of Alaska under the Memorandum of

Agreement or challenging actions of any of

the parties to the Memorandum of Agreement prior to the adoption of the Program

shall be brought not later than ninety days

after the date on which the Program is

adopted by the Governor of Alaska, or be

barred.

(3) An action seeking review of implementation of the Program shall be brought not

later than ninety days after the challenged

act implementing the Program, or be barred.

(c) With respect to Eklutna lands described

in Exhibit A of the Eklutna Purchase Agreement:

(1) The Secretary of the Interior shall issue

rights-of-way to the Alaska Power Administration for subsequent reassignment to the

Eklutna Purchasers—

(A) at no cost to the Eklutna Purchasers;

(B) to remain effective for a period equal

to the life of Eklutna as extended by improvements, repairs, renewals, or replacements; and

(C) sufficient for the operation of, maintenance of, repair to, and replacement of, and

access to, Eklutna facilities located on military lands and lands managed by the Bureau

of Land Management, including lands selected by the State of Alaska.

(2) If the Eklutna Purchasers subsequently

sell or transfer Eklutna to private ownership, the Bureau of Land Management may

assess reasonable and customary fees for

continued use of the rights-of-way on lands

managed by the Bureau of Land Management

and military lands in accordance with existing law.

(3) Fee title to lands at Anchorage Substation shall be transferred to Eklutna Purchasers at no additional cost if the Secretary

of the Interior determines that pending

claims to, and selections of, those lands are

invalid or relinquished.

(4) With respect to the Eklutna lands identified in paragraph 1 of Exhibit A of the

Eklutna Purchase Agreement, the State of

Alaska may select, and the Secretary of the

Interior shall convey to the State, improved

lands under the selection entitlements in

section 6 of the Act of July 7, 1958 (commonly referred to as the Alaska Statehood

Act, Public Law 85–508, 72 Stat. 339, as

amended), and the North Anchorage Land

Agreement dated January 31, 1983. This conveyance shall be subject to the rights-of-way

provided to the Eklutna Purchasers under

paragraph (1).

(d) With respect to the Snettisham lands

identified in paragraph 1 of Exhibit A of the

Snettisham Purchase Agreement and Public

Land Order No. 5108, the State of Alaska may

select, and the Secretary of the Interior

shall convey to the State of Alaska, improved lands under the selection entitlements in section 6 of the Act of July 7, 1958

(commonly referred to as the Alaska Statehood Act, Public Law 85–508, 72 Stat. 339, as

amended).

(e) Not later than one year after both of

the sales authorized in section 102 have occurred, as measured by the Transaction

Dates stipulated in the Purchase Agreements, the Secretary of Energy shall—

(1) complete the business of, and close out,

the Alaska Power Administration;

(2) submit to Congress a report documenting the sales; and

(3) return unobligated balances of funds appropriated for the Alaska Power Administration to the Treasury of the United States.

(f) The Act of July 31, 1950 (64 Stat. 382) is

repealed effective on the date, as determined
S6834 CONGRESSIONAL RECORD — SENATE May 17, 1995

by the Secretary of Energy, that all Eklutna

assets have been conveyed to the Eklunta

Purchasers.

(g) Section 204 of the Flood Control Act of

1962 (76 Stat. 1193) is repealed effective on the

date, as determined by the Secretary of Energy, that all Snettisham assets have been

conveyed to the State of Alaska.

(h) As of the later of the two dates determined in subsections (f) and (g), section

302(a) of the Department of Energy Organization Act (42 U.S.C. 7152(a)) is amended—

(1) in paragraph (1)—

(A) by striking subparagraph (C); and

(B) by redesignating subparagraphs (D),

(E), and (F) as subparagraphs (C), (D), and

(E) respectively; and

(2) in paragraph (2) by striking out ‘‘and

the Alaska Power Administration’’ and by

inserting ‘‘and’’ after ‘‘Southwestern Power

Administration,’’.

(i) The Act of August 9, 1955, concerning

water resources investigation in Alaska (69

Stat. 618), is repealed.

(j) The sales of Eklutna and Snettisham

under this title are not considered disposal

of Federal surplus property under the Federal Property and Administrative Services

Act of 1949 (40 U.S.C. 484) or the Act of October 3, 1944, popularly referred to as the ‘‘Surplus Property Act of 1944’’ (50 U.S.C. App.

1622).

(k) The sales authorized in this title shall

occur not later than 1 year after the date of

enactment of legislation defining ‘‘first use’’

of Snettisham for purposes of section 147(d)

of the Internal Revenue Code of 1986, to be

considered to occur pursuant to acquisition

of the property by or on behalf of the State

of Alaska.

SEC. 104. DECLARATION CONCERNING OTHER

HYDROELECTRIC PROJECTS AND

THE POWER MARKETING ADMINISTRATIONS.

Congress declares that—

(1) the circumstances that justify authorization by Congress of the sale of hydroelectric projects under section 102 are unique

to those projects and do not pertain to other

hydroelectric projects or to the power marketing administrations in the 48 contiguous

States; and

(2) accordingly, the enactment of section

102 should not be understood as lending support to any proposal to sell any other hydroelectric project or the power marketing administrations.

TITLE II

SEC. 201. SHORT TITLE.

This title may be cited as ‘‘Trans-Alaska

Pipeline Amendment Act of 1995’’.

SEC. 202. TAPS ACT AMENDMENTS.

Section 203 of the Act entitled the ‘‘TransAlaska Pipeline Authorization Act’’, as

amended (43 U.S.C. 1652), is amended by inserting the following new subsection (f):

‘‘(f) EXPORTS OF ALASKAN NORTH SLOPE

OIL.—

‘‘(1) Subject to paragraphs (2) through (6),

of this subsection and notwithstanding any

other provision of law (including any regulation), any oil transported by pipeline over

right-of-way granted pursuant to this section may be exported after October 31, 1995

unless the President finds that exportation

of this oil is not in the national interest. In

evaluating whether the proposed exportation

is in the national interest, the President—

‘‘(A) shall determine whether the proposed

exportation would diminish the total quantity or quality of petroleum available to the

United States;

‘‘(B) shall conduct and complete an appropriate environmental review of the proposed

exportation, including consideration of appropriate measures to mitigate any potential

adverse effect on the environment, within

four months after the date of enactment of

this subsection; and

‘‘(C) shall consider, after consultation with

the Attorney General and Secretary of Commerce, whether anticompetitive activity by

a person exporting crude oil under authority

of this subsection is likely to cause sustained material crude oil supply shortages or

sustained crude oil prices significantly above

world market levels for independent refiners

that would cause sustained material adverse

employment effects in the United States.

The President shall make his national interest determination within five months after

the date of enactment of this subsection or

30 days after completion of the environmental review, whichever is earlier. The

President may make his determination subject to such terms and conditions (other

than a volume limitation) as are necessary

or appropriate to ensure that the exportation is consistent with the national interest.

‘‘(2) Except in the case of oil exported to a

country pursuant to a bilateral international

oil supply agreement entered into by the

United States with the country before June

25, 1979, or to a country pursuant to the

International Emergency Oil Sharing Plan of

the International Energy Agency, any oil

transported by pipeline over right-of-way

granted pursuant to this section, shall, when

exported, be transported by a vessel documented under the laws of the United States

and owned by a citizen of the United States

(as determined in accordance with section 2

of the Shipping Act, 1916 (46 U.S.C. App. 802)).

‘‘(3) Nothing in this subsection shall restrict the authority of the President under

the Constitution, the International Emergency Economic Powers Act (50 U.S.C. 1701

et seq.), or the National Emergencies Act (50

U.S.C. 1601 et seq.) to prohibit exportation of

the oil.

‘‘(4) The Secretary of Commerce shall issue

any rules necessary for implementation, including any licensing requirements and conditions, of the President’s national interest

determination within 30 days of the date of

such determination by the President. The

Secretary of Commerce shall consult with

the Secretary of Energy in administering the

provisions of this subsection.

‘‘(5) If the Secretary of Commerce finds

that anticompetitive activity by a person exporting crude oil under authority of this subsection has caused sustained material crude

oil supply shortages or sustained crude oil

prices significantly above world market levels and further finds that these supply shortages or price increases have caused sustained

material adverse employment effects in the

United States, the Secretary of Commerce

may recommend to the President who may

take appropriate action against such person,

which may include modification or revocation of the authorization to export crude oil.

‘‘(6) Administrative action with respect to

an authorization under this subsection is not

subject to sections 551 and 553 through 559 of

title 5, United States Code.’’.

SEC. 203. ANNUAL REPORT.

Section 103(f) of the Energy Policy and

Conservation Act (42 U.S.C. 6212(f)) is amended by adding at the end thereof the following:

‘‘In the first quarter report for each new

calendar year, the President shall indicate

whether independent refiners in Petroleum

Administration for Defense District V have

been unable to secure adequate supplies of

crude oil as a result of exports of Alaskan

North Slope crude oil in the prior calendar

year and shall make such recommendations

to the Congress as may be appropriate.’’.

SEC. 204. GAO REPORT.

The Comptroller General of the United

States shall conduct a review of energy production in California and Alaska and the effects of Alaskan North Slope crude oil exports, if any, on consumers, independent refiners, and shipbuilding and ship repair yards

on the West Coast. The Comptroller General

shall commence this review four years after

the date of enactment of this Act and, within

one year after commencing the review, shall

provide a report to the Committee on Energy

and Natural Resources in the Senate and the

Committee on Resources in the House of

Representatives. The report shall contain a

statement of the principal findings of the review and such recommendations for consideration by the Congress as may be appropriate.

SEC. 205. RETIREMENT OF CERTAIN COSTS INCURRED FOR THE CONSTRUCTION

OF NON-FEDERAL PUBLICLY OWNED

SHIPYARDS.

(a) IN GENERAL.—The Secretary of Energy

shall—

(1) deposit proceeds of sales out of the

Naval Petroleum Reserve in a special account in amounts sufficient to make payments under subsections (b) and (c); and

(2) out of the account described in paragraph (1), provide, in accordance with subsections (b) and (c), financial assistance to a

port authority that—

(A) manages a non-Federal publicly owned

shipyard on the United States west coast

that is capable of handling very large crude

carrier tankers; and

(B) has obligations outstanding as of May

15, 1995, that were dated as of June 1, 1977,

and are related to the acquisition of nonFederal publicly owned dry docks that were

originally financed through public bonds.

(b) ACQUISITION AND REFURBISHMENT OF INFRASTRUCTURE.—The Secretary shall provide, for acquisition of infrastructure and refurbishment of existing infrastructure,

$10,000,000 in fiscal year 1996.

(c) RETIREMENT OF OBLIGATIONS.—The Secretary shall provide, for retirement of obligations outstanding as of May 15, 1995, that

were dated as of June 1, 1977, and are related

to the acquisition of non-Federal publicly

owned dry docks that were originally financed through public bonds—

(1) $6,000,000 in fiscal year 1996;

(2) $13,000,000 in fiscal year 1997;

(3) $10,000,000 in fiscal year 1998;

(4) $8,000,000 in fiscal year 1999;

(5) $6,000,000 in fiscal year 2000;

(6) $3,500,000 in fiscal year 2001; and

(7) $3,500,000 in fiscal year 2002.

SEC. 206. OIL POLLUTION ACT OF 1990.

Title VI of the Oil Pollution Act of 1990

(Public Law 101–380; 104 Stat. 554) is amended

by adding at the end thereof the following

new section:

‘‘SEC. 6005. TOWING VESSEL REQUIRED.

‘‘(a) IN GENERAL.—In addition to the requirements for response plans for vessels established in section 311(j) of the Federal

Water Pollution Control Act, as amended by

this Act, a response plan for a vessel operating within the boundaries of the Olympic

Coast National Marine Sanctuary or the

Strait of Juan de Fuca shall provide for a

towing vessel to be able to provide assistance

to such vessel within six hours of a request

for assistance. The towing vessel shall be capable of—

‘‘(1) towing the vessel to which the response plan applies;

‘‘(2) initial firefighting and oilspill response efforts; and

‘‘(3) coordinating with other vessels and responsible authorities to coordinate oilspill

response, firefighting, and marine salvage efforts.

‘‘(b) EFFECTIVE DATE.—The Secretary of

Transportation shall promulgate a final rule

to implement this section by September 1,

1995.’’.
May 17, 1995 CONGRESSIONAL RECORD — SENATE S6835

SEC. 207. EFFECTIVE DATE.

This title and the amendments made by it

shall take effect on the date of enactment.

TITLE III

SEC. 301. SHORT TITLE.

This Title may be referred to as the ‘‘Outer

Continental Shelf Deep Water Royalty Relief

Act’’.

SEC. 302. AMENDMENTS TO THE OUTER CONTINENTAL SHELF LANDS ACT.

Section 8(a) of the Outer Continental Shelf

Lands Act (43 U.S.C. 1337(a)(3)), is amended

by striking paragraph (3) in its entirety and

inserting the following:

‘‘(3)(A) The Secretary may, in order to—

‘‘(i) promote development or increased production on producing or non-producing

leases; or

‘‘(ii) encourage production of marginal resources on producing or non-producing

leases; through primary, secondary, or tertiary recovery means, reduce or eliminate

any royalty or net profit share set forth in

the lease(s). With the lessee’s consent, the

Secretary may make other modifications to

the royalty or net profit share terms of the

lease in order to achieve these purposes.

‘‘(B)(i) Notwithstanding the provisions of

this Act other than this subparagraph, with

respect to any lease or unit in existence on

the date of enactment of the Outer Continental Shelf Deep Water Royalty Relief Act

meeting the requirements of this subparagraph, no royalty payments shall be due on

new production, as defined in clause (iv) of

this subparagraph, from any lease or unit located in water depths of 200 meters or greater in the Western and Central Planning

Areas of the Gulf of Mexico, including that

portion of the Eastern Planning Area of the

Gulf of Mexico encompassing whole lease

blocks lying west of 87 degrees, 30 minutes

West longitude, until such volume of production as determined pursuant to clause (ii)

has been produced by the lessee.

‘‘(ii) Upon submission of a complete application by the lessee, the Secretary shall determine within 180 days of such application

whether new production from such lease or

unit would be economic in the absence of the

relief from the requirement to pay royalties

provided for by clause (i) of this subparagraph. In making such determination, the

Secretary shall consider the increased technological and financial risk of deep water development and all costs associated with exploring, developing, and producing from the

lease. The lessee shall provide information

required for a complete application to the

Secretary prior to such determination. The

Secretary shall clearly define the information required for a complete application

under this section. Such application may be

made on the basis of an individual lease or

unit. If the Secretary determines that such

new production would be economic in the absence of the relief from the requirement to

pay royalties provided for by clause (i) of

this subparagraph, the provisions of clause

(i) shall not apply to such production. If the

Secretary determines that such new production would not be economic in the absence of

the relief from the requirement to pay royalties provided for by clause (i), the Secretary

must determine the volume of production

from the lease or unit on which no royalties

would be due in order to make such new production economically viable; except that for

new production as defined in clause (iv)(aa),

in no case will that volume be less than 17.5

million barrels of oil equivalent in water

depths of 200 to 400 meters, 52.5 million barrels of oil equivalent in 400–800 meters of

water, and 87.5 million barrels of oil equivalent in water depths greater than 800 meters.

Redetermination of the applicability of

clause (i) shall be undertaken by the Secretary when requested by the lessee prior to

the commencement of the new production

and upon significant change in the factors

upon which the original determination was

made. The Secretary shall make such redetermination within 120 days of submission of

a complete application. The Secretary may

extend the time period for making any determination or redetermination under this

clause for 30 days, or longer if agreed to by

the applicant, if circumstances so warrant.

The lessee shall be notified in writing of any

determination or redetermination and the

reasons for and assumptions used for such

determination. Any determination or redetermination under this clause shall be a final

agency action. The Secretary’s determination or redetermination shall be judicially

reviewable under section 10(a) of the Administrative Procedures Act (5 U.S.C. 702), only

for actions filed within 30 days of the Secretary’s determination or redetermination.

‘‘(iii) In the event that the Secretary fails

to make the determination or redetermination called for in clause (ii) upon application

by the lessee within the time period, together with any extension thereof, provided

for by clause (ii), no royalty payments shall

be due on new production as follows:

‘‘(I) For new production, as defined in

clause (iv)(I) of this subparagraph, no royalty shall be due on such production according to the schedule of minimum volumes

specified in clause (ii) of this subparagraph.

‘‘(II) For new production, as defined in

clause (iv)(II) of this subparagraph, no royalty shall be due on such production for one

year following the start of such production.

‘‘(iv) For purposes of this subparagraph,

the term ‘new production’ is—

‘‘(I) any production from a lease from

which no royalties are due on production,

other than test production, prior to the date

of enactment of the Outer Continental Shelf

Deep Water Royalty Relief Act; or

‘‘(II) any production resulting from lease

development activities pursuant to a Development Operations Coordination Document,

or supplement thereto that would expand

production significantly beyond the level anticipated in the Development Operations Coordination Document, approved by the Secretary after the date of enactment of the

Outer Continental Shelf Deep Water Royalty

Relief Act.

‘‘(v) During the production of volumes determined pursuant to clauses (ii) or (iii) of

this subparagraph, in any year during which

the arithmetic average of the closing prices

on the New York Mercantile Exchange for

light sweet crude oil exceeds $28.00 per barrel, any production of oil will be subject to

royalties at the lease stipulated royalty

rate. Any production subject to this clause

shall be counted toward the production volume determined pursuant to clause (ii) or

(iii). Estimated royalty payments will be

made if such average of the closing prices for

the previous year exceeds $28.00. After the

end of the calendar year, when the new average price can be calculated, lessees will pay

any royalties due, with interest but without

penalty, or can apply for a refund, with interest, of any overpayment.

‘‘(vi) During the production of volumes determined pursuant to clause (ii) or (iii) of

this subparagraph, in any year during which

the arithmetic average of the closing prices

on the New York Mercantile Exchange for

natural gas exceeds $3.50 per million British

thermal units, any production of natural gas

will be subject to royalties at the lease stipulated royalty rate. Any production subject

to this clause shall be counted toward the

production volume determined pursuant to

clauses (ii) or (iii). Estimated royalty payments will be made if such average of the

closing prices for the previous year exceeds

$3.50. After the end of the calendar year,

when the new average price can be calculated, lessees will pay any royalties due,

with interest but without penalty, or can

apply for a refund, with interest, of any overpayment.

‘‘(vii) The prices referred to in clauses (v)

and (vi) of this subparagraph shall be

changed during any calendar year after 1994

by the percentage, if any, by which the implicit price deflator for the gross domestic

product changed during the preceding calendar year.’’.

SEC. 303. NEW LEASES.

Section 8(a)(1) of the Outer Continental

Shelf Lands Act, as amended (43 U.S.C.

1337(a)(1)) is amended as follows:

(1) Redesignate section 8(a)(1)(H) as section

8(a)(1)(I); and

(2) Add a new section 8(a)(1)(H) as follows:

‘‘(H) cash bonus bid with royalty at no less

than 12 and 1⁄2 per centum fixed by the Secretary in amount or value of production

saved, removed, or sold, and with suspension

of royalties for a period, volume, or value of

production determined by the Secretary.

Such suspensions may vary based on the

price of production from the lease.’’.

SEC. 304. LEASE SALES.

For all tracts located in water depths of

200 meters or greater in the Western and

Central Planning Area of the Gulf of Mexico,

including that portion of the Eastern Planning Area of the Gulf of Mexico encompassing whole lease blocks lying west of 87 degrees, 30 minutes West longitude, any lease

sale within five years of the date of enactment of this title, shall use the bidding system authorized in section 8(a)(1)(H) of the

Outer Continental Shelf Lands Act, as

amended by this title, except that the suspension of royalties shall be set at a volume

of not less than the following:

(1) 17.5 million barrels of oil equivalent for

leases in water depths of 200 to 400 meters;

(2) 52.5 million barrels of oil equivalent for

leases in 400 to 800 meters of water; and

(3) 87.5 million barrels of oil equivalent for

leases in water depths greater than 800 meters.

SEC. 305. REGULATIONS.

The Secretary shall promulgate such rules

and regulations as are necessary to implement the provisions of this title within 180

days after the enactment of this Act.

SUPPORTING THE ANGOLA PEACE

fPROCESS

Mr. DOLE. Mr. President, I ask unanimous consent that the Senate proceed

to consideration of Senate Resolution

121, a resolution submitted earlier

today by Senators FEINGOLD, KASSEBAUM, HELMS, PELL, and SIMON, regarding the Angola peace process, that the

resolution and the preamble be agreed

to, the motion to reconsider be laid on

the table en bloc, and any statements

thereon appear at the appropriate place

in the RECORD as though read.

The PRESIDING OFFICER. Without

objection, it is so ordered.

The resolution (S. Res. 121) was

agreed to.

The preamble was agreed to.

The resolution, with its preamble,

reads as follows:

Whereas Angola has suffered one of the

most violent and longest-running civil wars;

Whereas the United States was actively engaged in the war in Angola, has provided

more than $200 million in humanitarian assistance to Angola since 1992, and has been a