# Plain Language Summary of H.R. 9118

This bill creates a penalty for oil and gas companies that work with OPEC countries to artificially control oil and gas prices. If the Federal Trade Commission (the government agency that enforces competition laws) finds that a company holding federal oil and gas leases has coordinated with countries like Saudi Arabia, Iran, or Russia to manipulate prices in violation of antitrust laws, the government can take action against that company.

Here's what happens if a company is caught doing this: the Secretary of the Interior must cancel all of that company's federal oil and gas leases, refuse to renew or extend any of their existing leases, and ban them from bidding on any new federal leases going forward. Essentially, they lose their ability to drill for oil and gas on public lands. This is a permanent punishment—once the Federal Trade Commission issues a final order finding price manipulation, the company is locked out of the federal leasing system.

The bill targets a specific problem: when oil companies coordinate with foreign governments to artificially raise or lower oil prices, it can hurt American consumers at the gas pump and distort the energy market. By threatening to revoke drilling rights on federal land—which are valuable and profitable—the bill aims to discourage companies from engaging in this kind of illegal price-fixing scheme. The practical effect is that companies would face serious consequences if they're caught working with OPEC nations to manipulate global oil prices.

To cancel Federal oil and gas leases held by entities that manipulate the market price of oil or gas in violation of certain Federal law, and for other purposes.