H.R. 1121 would prohibit the President from declaring a moratorium on hydraulic fracturing unless authorized to do so by law. (Hydraulic fracturing involves pumping liquids into the ground to generate cracks within geologic formations, facilitating access to oil and gas.)
Under current law, states are the primary regulators for oil and natural gas production using hydraulic fracturing. Because there are currently no proposed or final federal regulations preventing its use, CBO estimates enacting H.R. 1121 would not affect the federal budget.
