(1) in paragraph (2), by striking ‘‘125 miles’’ 
and inserting ‘‘45 miles’’; and 
(2) in paragraph (3), by striking ‘‘100 miles’’ 
each place it appears and inserting ‘‘45 miles’’. 
(b) REGULATIONS.— 
(1) IN GENERAL.—The Secretary of the Inte-
rior shall promulgate regulations that establish ap-
propriate environmental safeguards for the explo-
ration and production of oil and natural gas on the 
outer Continental Shelf. 
(2) MINIMUM REQUIREMENTS.—At a minimum, 
the regulations shall include— 
(A) provisions requiring surety bonds of 
sufficient value to ensure the mitigation of any 
foreseeable incident; 
(B) provisions assigning liability to the 
leaseholder in the event of an incident causing 
damage or loss, regardless of the negligence of 
the leaseholder or lack of negligence; 
(C) provisions no less stringent than those 
contained in the Spill Prevention, Control, and 
Countermeasure regulations promulgated under 
the Oil Pollution Act of 1990 (33 U.S.C. 2701 
et seq.); 
(D) provisions ensuring that— 
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(i) no facility for the exploration or 
production of resources is visible to the un-
assisted eye from any shore of any coastal 
State; and 
(ii) the impact of offshore production 
facilities on coastal vistas is otherwise miti-
gated; 
(E) provisions to ensure, to the maximum 
extent practicable, that exploration and produc-
tion activities will result in no significant ad-
verse effect on fish or wildlife (including habi-
tat), subsistence resources, or the environment; 
and 
(F) provisions that will impose seasonal 
limitations on activity to protect breeding, 
spawning, and wildlife migration patterns. 
SEC. 204. INVENTORY AND LEASING OF OUTER CONTI-
NENTAL SHELF OIL AND NATURAL GAS RE-
SOURCES. 
(a) INVENTORY.— 
(1) IN
GENERAL.—Except as otherwise pro-
vided in subsection (c), the Secretary of the Interior 
(in this section referred to as the ‘‘Secretary’’) may 
conduct an inventory in accordance with this sub-
section of oil and natural gas resources beneath the 
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waters of the outer Continental Shelf (as defined in 
section 2 of the Outer Continental Shelf Lands Act 
(43 U.S.C. 1331)), other than beneath such waters 
located in the Gulf of Mexico or off the coast of 
Florida. 
(2) BEST
AVAILABLE
TECHNOLOGY.—In con-
ducting the inventory, the Secretary shall use the 
best technology available to obtain accurate resource 
estimates. 
(3) REPORTS.—The Secretary shall submit to 
Congress and the requesting Governor a report on 
any inventory conducted under this section. 
(b) LEASING.—Except as otherwise provided in sub-
section (c), the Secretary shall offer for oil and natural 
gas leasing pursuant to the Outer Continental Shelf Lands 
Act (43 U.S.C. 1331 et seq.) by as soon as practicable 
after the date of enactment of this Act all areas for which 
an inventory has been conducted under subsection (a). 
(c) LIMITATIONS.—The Secretary may not under this 
section— 
(1) conduct an inventory under this subsection 
for any area of the outer Continental Shelf located 
within 50 miles of the State, if the Governor of the 
State notifies the Secretary that the State objects to 
conduct of the inventory in that area; 
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(2) conduct any offshore oil and natural gas 
preleasing, leasing, or related activities for any area 
of the outer Continental Shelf located within 50 
miles of a State, before— 
(A) the Secretary submits to Congress the 
report under subsection (a)(3) for that area; 
and 
(B) the Governor of the State requests the 
Secretary to make such area available for such 
leasing; or 
(3) conduct any offshore oil and natural gas 
preleasing, leasing, or related activities for any area 
of the outer Continental Shelf located more than 50 
miles and less than 100 miles from the State, if the 
Governor of the State notifies the Secretary that the 
State objects to conduct of the inventory in that 
area. 
SEC. 205. CONFORMING AMENDMENTS TO MORATORIA ON 
USE OF APPROPRIATIONS. 
The Department of the Interior, Environment, and 
Related Agencies Appropriations Act, 2006 (Public Law 
109–54) is amended— 
(1) in section 104 (119 Stat. 521) by striking 
‘‘the areas of northern, central, and southern Cali-
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fornia; the North Atlantic; Washington and Oregon; 
and’’; 
(2) in section 105 (119 Stat. 521) by inserting 
‘‘and any other area that the Secretary of the Inte-
rior may offer for leasing, preleasing, or any related 
activity under section 104 of that Act’’ after 
‘‘2006)’’; and 
(3) in section 106 (119 Stat. 522) by striking 
‘‘the Mid-Atlantic and South Atlantic planning 
areas’’ and inserting ‘‘the portion of the South At-
lantic planning area located off the coast of Flor-
ida’’. 
SEC. 206. ENHANCED OIL RECOVERY. 
Section 354(c)(4)(B) of the Energy Policy Act of 
2005 (42 U.S.C. 15910(c)(4)(B)) is amended— 
(1) in clause (iii), by striking ‘‘and’’ at the end; 
(2) in clause (iv), by striking the period at the 
end and inserting ‘‘; and’’; and 
(3) by adding at the end the following: 
‘‘(v) are carried out in geologically 
challenging fields.’’. 
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SEC. 207. TREATMENT OF REVENUES UNDER OIL AND GAS 
LEASES FOR OTHER AREAS. 
Section 105 of the Gulf of Mexico Energy Security 
Act (Public Law 109–432; 43 U.S.C. 1331 note) is 
amended by adding at the end the following: 
‘‘(g) TREATMENT OF REVENUES UNDER OIL AND 
GAS LEASES FOR OTHER AREAS.—Amounts received by 
the United States as rentals, royalties, bonus bids, and 
other sums due and payable under Federal oil and gas 
leases for outer Continental Shelf planning areas that are 
opened for such leases after the date of the enactment of 
this subsection shall be deposited and paid to States ad-
joining such areas in substantially the same manner in 
which qualified outer Continental Shelf revenues are de-
posited and paid under this section.’’. 
TITLE III—MANAGEMENT OF 
ENERGY RISKS 
SEC. 301. BUREAU OF INTERNATIONAL ENERGY POLICY. 
Section 101 of the National Security Act of 1947 (50 
U.S.C. 402) is amended— 
(1) by redesignating subsection (i) (as added by 
section 301 of Public Law 105–292 (112 Stat. 
2800)) as subsection (k); and 
(2) by adding at the end the following: 
‘‘(l) BUREAU
OF INTERNATIONAL ENERGY POL-
ICY.— 
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(c) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated such sums as are nec-
essary to carry out this section. 
SEC. 303. INCREASE IN CAPACITY. 
(a) The Energy Policy and Conservation Act is 
amended— 
(1) in section 151(b) (42 U.S.C. 6231(b)) by 
striking ‘‘1’’ and inserting ‘‘1.5’’; and 
(2) in section 154(a) (42 U.S.C. 6234(a)) by 
striking ‘‘1’’ and inserting ‘‘1.5’’. 
(b) Section 301(e) of the Energy Policy Act of 2005 
(42 U.S.C. 6240 note) is amended by striking 
‘‘1,000,000,000’’ and inserting ‘‘1,500,000,000’’. 
Æ 
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