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Committee on Energy and CommerceEnergyCommittee on Foreign AffairsOversight and InvestigationsIntroducedJuly 22nd, 2013
- house Committees
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Expedite Our Economy Act of 2013
To repeal the requirements under the Natural Gas Act for obtaining authorization for the exportation or importation of natural gas, and for other purposes.
Expedite Our Economy Act of 2013 - Amends the Natural Gas Act to repeal the authority of the Secretary of Energy over the exportation or importation of natural gas, including the related free trade agreements and applications and approval process. Directs the Secretary of State to report to Congress on: (1) how the economic policies of foreign countries with natural gas resources and reserves relate to the development and production of their natural gas resources and reserves, as well as the extent and status of their natural gas resources and reserves; (2) the potential of such countries to export their natural gas production to the global market, including the impact of such exports upon the global market; and (3) U.S. actions to foster natural gas exports to foreign countries having an interest in importing natural gas from the United States.