Time is running out for Congress to act on energy exploration this year. With just two weeks left, Senate Majority Leader Harry Reid has indicated a willingness to vote on a plan devised by five Republicans and five Democrats known as the “Gang of 10.” The legislation is hardly ideal, however, and includes very little actual energy production. Even its modest steps toward offshore drilling aren’t very good.

Heritage’s Ben Lieberman took a close look at the bill and offers these three things you need to know about it: