SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Security and Fuel Efficiency Energy Act of 2007’’ or the 
‘‘SAFE Energy Act of 2007’’. 
(b) TABLE OF CONTENTS.—The table of contents of 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
TITLE I—INCREASED USE OF ALTERNATIVE FUELS AND 
INFRASTRUCTURE 
Sec. 101. Renewable fuel standard. 
Sec. 102. Ethanol-blend fuel infrastructure. 
Sec. 103. Emerging biofuels. 
Sec. 104. Biodiesel. 
Sec. 105. Unconventional fossil fuels. 
Sec. 106. Phaseout of alternative fuels credits. 
Sec. 107. Advanced biomass fuels production tax credit. 
Sec. 108. Study of incentives for renewable fuels. 
TITLE II—DEVELOPMENT AND INVENTORY OF CERTAIN OUTER 
CONTINENTAL SHELF RESOURCES 
Sec. 201. Authorization of activities and exports involving hydrocarbon re-
sources by United States persons. 
Sec. 202. Travel in connection with authorized hydrocarbon exploration and ex-
traction activities. 
Sec. 203. Moratorium of oil and gas leasing in certain areas of the Gulf of 
Mexico. 
Sec. 204. Inventory and leasing of outer Continental Shelf oil and natural gas 
resources. 
Sec. 205. Conforming amendments to moratoria on use of appropriations. 
Sec. 206. Enhanced oil recovery. 
Sec. 207. Treatment of revenues under oil and gas leases for other areas. 
TITLE III—MANAGEMENT OF ENERGY RISKS 
Sec. 301. Bureau of International Energy Policy. 
Sec. 302. Strategic energy infrastructure equipment reserve. 
Sec. 303. Increase in capacity. 
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TITLE I—INCREASED USE OF AL-
TERNATIVE FUELS AND IN-
FRASTRUCTURE 
SEC. 101. RENEWABLE FUEL STANDARD. 
Section 211(o) of the Clean Air Act (42 U.S.C. 
7545(o)) is amended as follows: 
(1) In paragraph (2)(B) as follows: 
(A) By striking clause (i) and inserting the 
following: 
‘‘(i) CALENDAR YEARS 2006 THROUGH 
2020.— 
‘‘(I) RENEWABLE
FUEL.—For 
the purpose of subparagraph (A), sub-
ject to subclause (II), the applicable 
total volume for any of calendar years 
2006 through 2020 shall be deter-
mined in accordance with the fol-
lowing table: 
Applicable total volume of 
renewable fuel 
‘‘Calendar year: 
(in billions of gallons): 
2006 ...................................................................................................
4.0 
2007 ...................................................................................................
4.7 
2008 ...................................................................................................
7.1 
2009 ...................................................................................................
9.5 
2010 ...................................................................................................
12.0 
2011 ...................................................................................................
12.6 
2012 ...................................................................................................
13.2 
2013 ...................................................................................................
13.8 
2014 ...................................................................................................
14.4 
2015 ...................................................................................................
15.0 
2016 ...................................................................................................
18.0 
2017 ...................................................................................................
21.0 
2018 ...................................................................................................
24.0 
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Applicable total volume of 
renewable fuel 
‘‘Calendar year: 
(in billions of gallons): 
2019 ...................................................................................................
27.0 
2020 ...................................................................................................
30.0 
‘‘(II) CELLULOSIC BIOMASS ETH-
ANOL.—For the purpose of paragraph 
(1), of the total volume of renewable 
fuel required under subclause (I), the 
applicable volume for any of calendar 
years 2012 through 2020 for cellulosic 
biomass ethanol shall be determined 
in accordance with the following table: 
Applicable volume of 
cellulosic biomass ethanol 
‘‘Calendar year: 
(in billions of gallons): 
2012 ...................................................................................................
0.25
2013 ...................................................................................................
1.0
2014 ...................................................................................................
3.0
2015 ...................................................................................................
5.0
2016 ...................................................................................................
7.0
2017 ...................................................................................................
9.0
2018 ...................................................................................................
11.0
2019 ...................................................................................................
13.0
2020 ...................................................................................................
15.0’’. 
(B) In clause (ii)— 
(i) in the clause heading, by striking 
‘‘2013’’ and inserting ‘‘2021’’; 
(ii) by striking ‘‘2013’’ and inserting 
‘‘2021’’; and 
(iii) by striking ‘‘2012’’ and inserting 
‘‘2020’’. 
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(C) In clause (iii), by striking ‘‘there-
after—’’ and all that follows through ‘‘(II) the’’ 
and inserting ‘‘thereafter, the’’. 
(D) In clause (iv)— 
(i) by striking ‘‘2013’’ and inserting 
‘‘2021’’; and 
(ii) in subclause (II)(bb), by striking 
‘‘2012’’ and inserting ‘‘2020’’. 
(2) In paragraph (3)— 
(A) in subparagraph (A), by striking 
‘‘2011’’ and inserting ‘‘2019’’; and 
(B) in subparagraph (B)(i), by striking 
‘‘2012’’ and inserting ‘‘2020.’’ 
(3) In paragraph (6)(A), by striking ‘‘2012’’ 
and inserting ‘‘2020’’. 
(4) By amending paragraph (7) to read as fol-
lows: 
‘‘(7) WAIVERS.— 
‘‘(A) IN GENERAL.—The Administrator, in 
consultation with the Secretary of Agriculture 
and the Secretary of Energy, may waive the re-
quirements of paragraph (2) in whole or in part 
on petition by one or more States by reducing 
the national quantity of renewable fuel required 
under paragraph (2)— 
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‘‘(i) based on a determination by the 
Administrator, after public notice and op-
portunity for comment, that implementa-
tion of the requirement would severely 
harm the economy or environment of a 
State, a region, or the United States; or 
‘‘(ii) based on a determination by the 
Administrator, after public notice and op-
portunity for comment, that there is an in-
adequate domestic supply. 
‘‘(B) PETITIONS FOR WAIVERS.—The Ad-
ministrator, in consultation with the Secretary 
of Agriculture and the Secretary of Energy, 
shall approve or disapprove a State petition for 
a waiver of the requirements of paragraph (2) 
within 90 days after the date on which the peti-
tion is received by the Administrator. 
‘‘(C) TERMINATION OF WAIVERS.—A waiv-
er granted under subparagraph (A) shall termi-
nate after 1 year, but may be renewed by the 
Administrator after consultation with the Sec-
retary of Agriculture and the Secretary of En-
ergy.’’. 
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SEC. 102. ETHANOL-BLEND FUEL INFRASTRUCTURE. 
Section 211(o) of the Clean Air Act (42 U.S.C. 
7545(o)) is amended by adding at the end the following: 
‘‘(11) 
INSTALLATION
OF
ETHANOL-BLEND 
FUEL PUMPS BY COVERED OWNERS AT STATIONS.— 
‘‘(A) DEFINITIONS.—In this paragraph: 
‘‘(i) COVERED
OWNER.—The term 
‘covered owner’ means any person that, in-
dividually or together with any other per-
son with respect to which the person has 
an affiliate relationship or significant own-
ership interest, owns 10 or more retail sta-
tion outlets, as determined by the Sec-
retary. 
‘‘(ii) ETHANOL-BLEND
FUEL.—The 
term ‘ethanol-blend fuel’ means a blend of 
gasoline not more than 85 percent, nor less 
than 80 percent, of the content of which is 
derived from ethanol produced in the 
United States, as defined by the Secretary 
in a manner consistent with applicable 
standards of the American Society for 
Testing and Materials. 
‘‘(iii) SECRETARY.—The term ‘Sec-
retary’ means the Secretary of Energy, 
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acting in consultation with the Adminis-
trator and the Secretary of Agriculture. 
‘‘(B) ASSESSMENT.—Not later than 5 
years after the date of enactment of this para-
graph, the Secretary shall make an assessment 
of the progress made toward the creation of 
adequate infrastructure for the production and 
distribution of ethanol-blend fuel (including the 
creation of adequate qualified alternative fuel 
vehicle refueling property that is a blender 
pump). 
‘‘(C) REGULATIONS.—If the Secretary de-
termines (in the assessment made under sub-
paragraph (B)) that adequate progress has not 
been made toward the creation of adequate in-
frastructure for the production and distribution 
of ethanol-blend fuel, the Secretary shall pro-
mulgate regulations to ensure, to the maximum 
extent practicable, that each covered owner in-
stalls or otherwise makes available 1 or more 
pumps that dispense ethanol-blend fuel (includ-
ing any other equipment necessary, such as 
tanks, to ensure that the pumps function prop-
erly) at not less than the applicable percentage 
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‘‘(i) EARNING AND PERIOD FOR AP-
PLYING CREDITS.—If the percentage of the 
retail station outlets of a covered owner at 
which the covered owner installs ethanol- 
blend fuel pumps in a particular calendar 
year exceeds the percentage required under 
subparagraph (D), the covered owner shall 
earn credits under this paragraph, which 
may be applied to any of the 3 consecutive 
calendar years immediately after the cal-
endar year for which the credits are 
earned. 
‘‘(ii) TRADING
CREDITS.—A covered 
owner that has earned credits under clause 
(i) may sell credits to another covered 
owner to enable the purchaser to meet the 
requirement under subparagraph (D).’’. 
SEC. 103. EMERGING BIOFUELS. 
(a) ESTABLISHMENT OF INCENTIVE PROGRAM.—The 
Secretary of Energy (referred to in this section as the 
‘‘Secretary’’) shall establish a program under which the 
Secretary shall provide to eligible entities such incentives 
(including grants, loans, and loan guarantees) as the Sec-
retary determines to be appropriate for the production of 
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cellulosic ethanol and other emerging biofuels derived from 
renewable sources (including municipal solid waste). 
(b) APPLICATION.—To be eligible to receive an incen-
tive under this section, an eligible entity shall submit to 
the Secretary an application at such time, in such manner, 
and containing such information as the Secretary may re-
quire, including— 
(1) a description of the project for which the in-
centive will be used; 
(2) a description of the use by the eligible enti-
ty of the incentive; and 
(3) an estimate of the annual production using 
the incentive by the eligible entity of cellulosic eth-
anol or another biofuel, expressed on a per-gallon 
basis. 
(c) SELECTION REQUIREMENTS.— 
(1) MINIMUM NUMBER OF INCENTIVES.—The 
Secretary shall provide incentives under this section 
to not less than 6 biorefineries located in different 
regions of the United States. 
(2) LEAST-COST
INCENTIVES.—The Secretary 
shall provide incentives under this section only to eli-
gible entities the applications of which reflect the 
least-cost use of the incentives, on a per-gallon basis, 
with respect to similar projects. 
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(d) AUTHORIZATION OF APPROPRIATIONS.—There is 
authorized to be appropriated to carry out this section 
$500,000,000. 
SEC. 104. BIODIESEL. 
(a) IN GENERAL.—Not later than 180 days after the 
date of enactment of this Act, the Secretary of Energy 
shall submit to Congress a report on any research and 
development challenges inherent in increasing to 5 percent 
the proportion of diesel fuel sold in the United States that 
is biodiesel, as defined in section 757 of the Energy Policy 
Act of 2005 (42 U.S.C. 16105). 
(b) REGULATIONS.—The Administrator of the Envi-
ronmental Protection Agency shall promulgate regulations 
providing for the uniform labeling of biodiesel blends that 
are certified to meet applicable standards published by the 
American Society for Testing and Materials. 
SEC. 105. UNCONVENTIONAL FOSSIL FUELS. 
(a) IN GENERAL.—The Secretary of Energy shall 
carry out a 10-year carbon capture research and develop-
ment program to develop carbon dioxide capture tech-
nologies that can be used in the recovery of liquid fuels 
from oil shale and the production of liquid fuels in coal 
utilization facilities to minimize the emissions of carbon 
dioxide from those processes. 
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(b) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated to carry out this sec-
tion— 
(1) $50,000,000 for the period of fiscal years 
2008 through 2012; and 
(2) $100,000,000 for the period of fiscal years 
2013 through 2017. 
SEC. 106. PHASEOUT OF ALTERNATIVE FUELS CREDITS. 
(a) ALCOHOL FUELS CREDIT.—Section 40 of the In-
ternal Revenue Code of 1986 (relating to alcohol used as 
fuel) is amended by adding at the end the following new 
subsection: 
‘‘(i) PHASEOUT OF CREDIT.— 
‘‘(1) IN GENERAL.—The amount of the credit 
allowable under subsection (a) shall be reduced by 
an amount which bears the same ratio to the 
amount of the credit (determined without regard to 
this paragraph) as— 
‘‘(A) the amount by which the reference 
price for the calendar year preceding the cal-
endar year in which the taxable year begins ex-
ceeds $45, bears to 
‘‘(B) $20. 
‘‘(2) REFERENCE
PRICE.—For purposes of 
paragraph (1), the term ‘reference price’ means, 
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with respect to any calendar year, the reference 
price determined for such calendar year under sec-
tion 45K(d)(2)(C).’’. 
(b) BIODIESEL FUELS CREDIT.—Section 40A of 
such Code (relating to biodiesel and renewable diesel used 
as fuel) is amended by redesignating subsection (g) as 
subsection (h) and by inserting after subsection (f) the 
following new subsection: 
‘‘(g) PHASEOUT OF CREDIT.— 
‘‘(1) IN GENERAL.—The amount of the credit 
allowable under subsection (a) shall be reduced by 
an amount which bears the same ratio to the 
amount of the credit (determined without regard to 
this paragraph) as— 
‘‘(A) the amount by which the reference 
price for the calendar year preceding the cal-
endar year in which the taxable year begins ex-
ceeds $45, bears to 
‘‘(B) $20. 
‘‘(2) REFERENCE
PRICE.—For purposes of 
paragraph (1), the term ‘reference price’ means, 
with respect to any calendar year, the reference 
price determined for such calendar year under sec-
tion 45K(d)(2)(C).’’. 
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(c) CREDIT AGAINST EXCISE TAX
ON ALCOHOL 
FUEL, BIODIESEL, 
AND
ALTERNATIVE
FUEL
MIX-
TURES.—Section 6426 of such Code (relating to credit for 
alcohol fuel, biodiesel, and alternative fuel mixtures) is 
amended by adding at the end the following: 
‘‘(h) PHASEOUT OF CREDIT.— 
‘‘(1) IN GENERAL.—The amount of the credit 
allowable under subsection (a) shall be reduced by 
an amount which bears the same ratio to the 
amount of the credit (determined without regard to 
this paragraph) as— 
‘‘(A) the amount by which the reference 
price for the calendar year preceding the cal-
endar year in which the taxable year begins ex-
ceeds $45, bears to 
‘‘(B) $20. 
‘‘(2) REFERENCE
PRICE.—For purposes of 
paragraph (1), the term ‘reference price’ means, 
with respect to any calendar year, the reference 
price determined for such calendar year under sec-
tion 45K(d)(2)(C).’’. 
(d) EFFECTIVE DATES.— 
(1) IN GENERAL.—Except as provided in para-
graph (2), the amendments made by this section 
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shall apply to taxable years beginning after the date 
of the enactment of this Act. 
(2) 
CREDIT
AGAINST
EXCISE
TAX.—The 
amendment made by subsection (c) shall apply to 
fuel sold, used, or removed after December 31, 
2007. 
SEC. 107. ADVANCED BIOMASS FUELS PRODUCTION TAX 
CREDIT. 
(a) IN GENERAL.—Subchapter B of chapter 65 of the 
Internal Revenue Code of 1986 (relating to rules for spe-
cial application) is amended by adding at the end the fol-
lowing: 
‘‘SEC. 6426A. CREDIT FOR PRODUCING ADVANCED BIOMASS 
FUEL. 
‘‘(a) ALLOWANCE OF CREDIT.—There shall be al-
lowed as a credit against the tax imposed by section 4041 
and against the tax imposed by section 4081 an amount 
equal to the credit described in subsection (b). No credit 
shall be allowed in the case of the credits described in sub-
sections (b) and (c) unless the taxpayer is registered under 
section 4101. 
‘‘(b) ADVANCED BIOMASS FUEL CREDIT.— 
‘‘(1) IN GENERAL.—For purposes of this sec-
tion, the advanced biomass fuel credit is the product 
of 50 cents and the number of gallons of an ad-
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vanced biomass fuel produced by the taxpayer and 
which during the taxable year— 
‘‘(A) is sold by such taxpayer to another 
person— 
‘‘(i) for use by such other person in 
the production of a qualified mixture in 
such other person’s trade or business 
(other than casual off-farm production), 
‘‘(ii) for use by such other person as 
a fuel in a trade or business, or 
‘‘(iii) who sells such advanced biomass 
fuel at retail to another person and places 
such fuel in the fuel tank of such other 
person, or 
‘‘(B) is used or sold by such taxpayer for 
any purpose described in clause (i). 
‘‘(2) ADVANCED BIOMASS FUEL.—For purposes 
of this subsection— 
‘‘(A) IN GENERAL.—The term ‘advanced 
biomass fuel’ means fuel derived from any 
lignocellulosic or hemicellulosic matter that is 
available on a renewable or recurring basis, in-
cluding— 
‘‘(i) dedicated energy crops and trees, 
‘‘(ii) wood and wood residues, 
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‘‘(iii) plants, 
‘‘(iv) grasses, 
‘‘(v) agricultural residues, 
‘‘(vi) fibers, 
‘‘(vii) animal wastes and other waste 
materials, and 
‘‘(viii) municipal solid waste. 
‘‘(B) FUEL
PRODUCED
IN
FACILITIES 
WHERE CERTAIN WASTE MATERIALS DISPLACE 
FOSSIL
FUELS
USED
IN
PRODUCTION.—Such 
term also includes any fuel derived from bio-
mass and produced in facilities where animal 
wastes or other waste materials are digested or 
otherwise used to displace 90 percent or more 
of the fossil fuel normally used to produce a 
quantity of ethanol with the same energy con-
tent. 
‘‘(C) EXCEPTIONS.—Such term does not 
include ethanol, methanol, or biodiesel. 
‘‘(3) CERTIFICATION
OF
ADVANCED
BIOMASS 
FUEL.—No credit shall be allowed under this sub-
section unless the taxpayer obtains a certification (in 
such form and manner as prescribed by the Sec-
retary) from the producer or importer of a biofuel 
or biofuels-blend that identifies the product pro-
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duced and the percentage of advanced biomass fuel 
in the product. 
‘‘(c) MIXTURE NOT USED AS A FUEL, ETC.— 
‘‘(1) IMPOSITION OF TAX.—If— 
‘‘(A) any credit was determined under this 
section with respect to advanced biomass fuel 
used in the production of any advanced biomass 
fuel mixture, and 
‘‘(B) any person— 
‘‘(i) separates the advanced biomass 
from the mixture, or 
‘‘(ii) without separation, uses the mix-
ture other than as a fuel, 
then there is hereby imposed on such person a 
tax equal to the product of the applicable 
amount and the number of gallons of such ad-
vanced biomass fuel. 
‘‘(2) APPLICABLE LAWS.—All provisions of law, 
including penalties, shall, insofar as applicable and 
not inconsistent with this section, apply in respect of 
any tax imposed under paragraph (1) as if such tax 
were imposed by section 4081 and not by this sec-
tion. 
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‘‘(d) COORDINATION WITH EXEMPTION FROM EX-
CISE TAX.—Rules similar to the rules under section 40(c) 
shall apply for purposes of this section.’’. 
(b) CONFORMING AMENDMENTS.— 
(1) Section 6427(e) of such Code is amended— 
(A) in paragraph (1) by inserting ‘‘or 
6427A’’ after ‘‘6427’’, 
(B) 
by 
redesignating 
paragraphs 
(3) 
through (5) as paragraphs (4) through (6), re-
spectively, and by inserting after paragraph (2) 
the following new paragraph: 
‘‘(3) ADVANCED BIOMASS FUEL.—If any person 
sells or uses an advanced biomass fuel (as defined 
in section 6426A) for a purpose described in section 
6426A(c)(1) in such person’s trade or business, the 
Secretary shall pay (without interest) to such person 
an amount equal to the advanced biomass fuel credit 
with respect to such fuel.’’, 
(C) in paragraph (4), as so redesignated, 
by striking ‘‘paragraph (1) or (2)’’ and 
inserting‘‘paragraphs (1), (2), or (3)’’, and 
(D) in paragraph (5), as so redesignated, 
by striking ‘‘ or alternative fuel mixture credit’’ 
and inserting ‘‘, alternative fuel mixture credit, 
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advanced biomass fuel credit, or advanced bio-
mass fuel mixture credit’’. 
(2) Section 6427(i)(3) of such Code is amend-
ed— 
(A) by inserting ‘‘or 6426A’’ after ‘‘6426’’ 
in subparagraph (A), and 
(B) in the section heading by striking 
‘‘AND BIODIESEL MIXTURE CREDIT’’ and insert-
ing ‘‘BIODIESEL
MIXTURE
CREDIT, AND
AD-
VANCED BIOMASS FUEL MIXTURE CREDIT’’. 
(3) Section 40(c) of such Code is amended by 
inserting ‘‘section 6426A,’’ after ‘‘6426,’’. 
(4) Section 40A(c) of such Code is amended by 
inserting ‘‘section 6426A,’’ after ‘‘6426,’’. 
(5) Section 4101(a)(1) of such Code is amend-
ed— 
(A) by striking ‘‘or alcohol’’ and inserting 
‘‘, alcohol’’, and 
(B) by inserting ‘‘or advanced biomass fuel 
(as defined in section 6426A)’’ before ‘‘shall 
register’’. 
(6) Section 4104(a)(2) of such Code is amended 
by inserting ‘‘section 6426A,’’ after ‘‘6426,’’. 
(7) Section 9503(b)(1) of such Code is amend-
ed by inserting ‘‘or 6426A’’ after ‘‘6426’’. 
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(c) CLERICAL AMENDMENT.—The table of sections 
for subchapter B of chapter 65 of such Code is amended 
by inserting after the item relating to section 6426 the 
following new item: 
‘‘Sec. 6426A. Credit for producing advanced biomass fuel.’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to fuel sold, used, or removed after 
December 31, 2007. 
SEC. 108. STUDY OF INCENTIVES FOR RENEWABLE FUELS. 
(a) STUDY.—The Director of the National Science 
Foundation (in consultation with the Secretary of Energy, 
the Secretary of the Treasury, Secretary of Agriculture, 
the Administrator of the Environmental Protection Agen-
cy, representatives of the biofuels industry, the oil indus-
try, and other interested parties) shall conduct a study 
of the renewable fuels industry and markets in the United 
States, including— 
(1) the costs to produce corn-based and cel-
lulosic-based ethanol and biobutanol, biodiesel, and 
other emerging biofuels; 
(2) the factors affecting the future market 
prices for those biofuels, including world oil prices; 
and 
(3) the level of tax incentives necessary, to the 
maximum extent practicable, to grow the biofuels in-
dustry of the United States to reduce the depend-
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ence of the United States on foreign oil during cal-
endar years 2011 through 2030. 
(b) GOALS.—The study shall include an analysis of 
the types and advantages and disadvantages of tax incen-
tive options to, to the maximum extent practicable— 
(1) limit the overall cost of the tax incentives to 
the Federal Government; 
(2) encourage expansion of the biofuels industry 
by ensuring that new plants and recently-built plants 
can fully amortize the investments in the plants; 
(3) reward energy-efficient and low carbon- 
emitting technologies; 
(4) ensure that pioneering processes (such as 
those that convert cellulosic feedstocks like corn sto-
ver and switch grass to ethanol) are economically 
competitive with fossil fuels; 
(5) encourage agricultural producer equity par-
ticipation in ethanol plants; and 
(6) encourage the development of higher blend 
markets, such as E–20, E30, and E–85. 
(c) REPORT.—Not later than 1 year after the date 
of enactment of this Act, the Director shall submit a re-
port that describes the results of the study to— 
(1) the Committee on Agriculture, Nutrition, 
and Forestry of the Senate; 
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(2) the Committee on Energy and Natural Re-
sources of the Senate; 
(3) the Committee on Environment and Public 
Works of the Senate; 
(4) the Committee on Finance of the Senate; 
(5) the Committee on Agriculture of the House 
of Representatives; 
(6) the Committee on Energy and Commerce of 
the House of Representatives; and 
(7) the Committee on Ways and Means of the 
House of Representatives. 
TITLE 
II—DEVELOPMENT 
AND 
INVENTORY 
OF 
CERTAIN 
OUTER CONTINENTAL SHELF 
RESOURCES 
SEC. 201. AUTHORIZATION OF ACTIVITIES AND EXPORTS 
INVOLVING HYDROCARBON RESOURCES BY 
UNITED STATES PERSONS. 
(a) AUTHORIZATION.—Notwithstanding any other 
provision of law (including a regulation), United States 
persons (including agents and affiliates of those United 
States persons) may— 
(1) engage in any transaction necessary for the 
exploration for and extraction of hydrocarbon re-
sources from any portion of any foreign exclusive 
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economic zone that is contiguous to the exclusive 
economic zone of the United States; and 
(2) export without license authority all equip-
ment necessary for the exploration for or extraction 
of hydrocarbon resources described in paragraph (1). 
(b) DEFINITION.—In this section, the term ‘‘United 
States person’’ means— 
(1) any United States citizen or alien lawfully 
admitted for permanent residence in the United 
States; and 
(2) any person other than an individual, if 1 or 
more individuals described in paragraph (1) own or 
control at least 51 percent of the securities or other 
equity interest in the person. 
SEC. 202. TRAVEL IN CONNECTION WITH AUTHORIZED HY-
DROCARBON EXPLORATION AND EXTRAC-
TION ACTIVITIES. 
Section 910 of the Trade Sanctions Reform and Ex-
port Enhancement Act of 2000 (22 U.S.C. 7209) is 
amended by inserting after subsection (b) the following: 
‘‘(c) GENERAL LICENSE AUTHORITY FOR TRAVEL- 
RELATED EXPENDITURES
BY PERSONS ENGAGING
IN 
HYDROCARBON EXPLORATION AND EXTRACTION ACTIVI-
TIES.— 
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‘‘(1) IN
GENERAL.—The Secretary of the 
Treasury shall, authorize under a general license the 
travel-related 
transactions 
listed 
in 
section 
515.560(c) of title 31, Code of Federal Regulations, 
for travel to, from, or within Cuba in connection 
with exploration for and the extraction of hydro-
carbon resources in any part of a foreign maritime 
exclusive economic zone that is contiguous to the ex-
clusive economic zone of the United States. 
‘‘(2) PERSONS AUTHORIZED.—Persons author-
ized to travel to Cuba under this section include full- 
time employees, executives, agents, and consultants 
of oil and gas producers, distributors, and shippers. 
‘‘(3) DEFINITION.—In this section, the term 
‘exclusive economic zone of the United States’ has 
the meaning given the term ‘Exclusive Economic 
Zone’ in section 2101(10a) of title 46, United States 
Code.’’. 
SEC. 203. MORATORIUM OF OIL AND GAS LEASING IN CER-
TAIN AREAS OF THE GULF OF MEXICO. 
(a) IN GENERAL.—Section 104(a) of the Gulf of 
Mexico Energy Security Act of 2006 (43 U.S.C. 1331 
note; title I of division C of Public Law 109–432) is 
amended— 
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