Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Land Management relating to "Grand Staircase-Escalante National Monument Record of Decision and Approved Resource Management Plan".

HJRES151 was introduced in the House on March 4, 2026, and subsequently referred to the House Committee on Natural Resources. This joint resolution aims to disapprove a rule submitted by the Bureau of Land Management relating to the Grand Staircase-Escalante National Monument. The rule, issued January 13, 2025, as a record of decision and approved resource management plan, was deemed a rule under the Congressional Review Act by the Government Accountability Office on January 15, 2026. If enacted, HJRES151 would nullify this BLM rule, removing current restrictions on resource extraction within the monument. This bill does not involve any direct funding authorization or appropriation. Its impact is regulatory, potentially altering the operational landscape for energy and mining companies by making previously restricted land available for exploration and extraction. The mechanism of impact is the removal of a federal regulation, which would reduce compliance costs and expand potential operational areas for companies in these sectors. There is a companion bill, SJRES109, in the Senate, which indicates a coordinated legislative effort. Structural beneficiaries, should this bill advance, would be energy and mining companies that could gain access to new reserves. Companies like Exxon Mobil Corporation ($XOM), Chevron Corporation ($CVX), and EOG Resources, Inc. ($EOG) in the energy sector, and Rio Tinto Group ($RIO), BHP Group Limited ($BHP), and Newmont Corporation ($NEM) in the mining sector, could see an expansion of their potential operational scope. However, given the early stage of the bill, any direct market reaction is premature. Recent market data for energy companies shows mixed trends. Exxon Mobil Corporation ($XOM) is currently at $163.37, with a -4.72% change over the last 7 days but an +8.36% change over 30 days. Chevron Corporation ($CVX) is at $198.86, with a -5.62% change over 7 days and a +4.72% change over 30 days. EOG Resources, Inc. ($EOG) is at $143.05, showing a -4.56% change over 7 days and a +9.17% change over 30 days. For mining companies, Rio Tinto Group ($RIO) is at $94.01, with a +5.84% change over 7 days and +0.69% over 30 days. BHP Group Limited ($BHP) is at $72.79, with a +5.46% change over 7 days and -3.72% over 30 days. Newmont Corporation ($NEM) is at $112.83, with a +9.42% change over 7 days and -2.81% over 30 days. These recent price movements do not appear to be directly influenced by the introduction of HJRES151, given its early stage and the broader market factors at play. For HJRES151 to become law, it must pass through the House Committee on Natural Resources, be approved by the full House, pass through the Senate (potentially through its companion bill SJRES109), and then be signed by the President. Given its early stage and the potential for environmental opposition, this is a long legislative process.