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MSNBC Alex Witt Reports November 27, 2021 18:11:00

Essentially getting ripped off by the leasing of millions of acres of public land that s owned by taxpayers like you and me that companies like exxon mobil are able to drill for oil and gas on. and the biden administration as they were trying to tackle climate change, they tried to put a pause on actually leasing those acres of land to companies to drill for gas and oil, but republican state attorneys general sued the biden administration. they ve been successful so far, and so the biden administration has been forced to continue leasing that land. in the meantime, they have released this report from the interior department that found that essentially we are getting a bad deal for leasing that land. the rate of royalties that these companies are paying for the privilege of getting to take oil and gas out of public land and sell it is 12.5%. that rate has remained unchanged since 1920, the year that this program was first put into place. and this report found if these ....

Public Land , Oil And Gas On , Exxon Mobil , Global Warming , Biden Championed , State Attorneys General , Interior Department , 12 5 ,