my amendment addresses the serious impacts of the Biden administration moratorium on oil and natural gas leases and the impact on Federal lands and waters. Wyoming and many States across the West have Federal land where there is oil and gas development. The revenue generated from the lease sales goes to States, which use it for essential services. One of the many crushing consequences of the moratorium is eliminating hundreds of millions of dollars for K-12 education for students, funding all of these States. In 2019 alone, revenues from oil and gas contributed $740 million to Wyoming's public schools. This amendment creates a deficit-neutral reserve fund to protect students and schools from this misguided moratorium by restoring these lost funds to the States. I urge a ``yes'' vote. The PRESIDING OFFICER. The Senator from New Mexico.
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