H.R. 305 Summary

• Urges President Obama's Administration to allow oil and natural gas production off Alaska's northern coast and grant exploration permits in the Gulf of Mexico on a timely basis

• Requests expedited approval of the Keystone XL pipeline project, a $13 billion pipeline designed to carry 700,000 barrels of oil per day from South Dakota, Oklahoma, and Texas to Gulf Coast refineries

• Cites high gasoline and diesel prices in Ohio (averaging 9% of household income nationally), reduced domestic production due to drilling moratoriums, and projected economic benefits including 20,000 construction jobs and $20 billion in economic impact from the Keystone XL project

• Notes that Alaska's Chukchi and Beaufort Seas contain an estimated 22 billion barrels of recoverable crude oil but energy producers holding $4 billion in leases have been unable to drill exploratory wells

• Directs the House Clerk to transmit the resolution to the President, Secretary of State, Congressional leadership, Ohio's Congressional delegation, and Ohio news media