Read twice and referred to the Committee on Energy and Natural Resources.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Oct 7, 2021
Competitive Onshore Mineral Policy via Eliminating Taxpayer-Enabled Speculation Act or the COMPETES Act
This bill revises the process of leasing public land for oil and gas development. For example, it requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process.
Further, the BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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