Notwithstanding its promises to raise royalty payments, the Biden administration has admitted in a document that charging fossil fuel firms less to drill will result in "better energy security" on Friday.
interior shows that as you point out the point out the biden administration actually moved forward increasing royalty fees on fossil fuel drilling of the alaskan coach that is despite their own assessment that lower fees would increase energy security for the state. the decision made by former bureau of energy management director amanda lefton and back by assistant secretary laura daniel davis. now, for her part, she said it would attract more bids and be more likely to facilitate expeditious and orderly development of offshore resources adding that the higher rate quote constitutes the most reasonable balancing of environmental and economic factors for the american public. it was switched on capitol hill but democrats senator joe manchin saying he is appalled
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The Biden administration accidentally leaked an internal memo Friday, showing that it opted to hold an oil and gas lease sale with higher royalty fees over climate considerations.
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