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New Trump rule expected to cut costs for public lands drilling


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The Trump administration is finalizing a rule that will lessen the amount of money oil and gas companies that drill on public lands and in public waters pay to the federal government. 
The rule will make changes to the way that these royalties are calculated and, according to the administration, is expected to result in an annual decrease of $28.9 million in royalty collections. 
The rule, promulgated by the Interior Department’s Office of Natural Resources Revenue, notes that this figure is less than 0.5 percent of the total federal oil and gas royalties it collected in 2018. 
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The industry has argued that a previous rule on how the royalties are calculated was burdensome and created uncertainties.   ....

United States , Jesse Prentice Dunn , Emily Hague , Department Office Of Natural Resources Revenue , Interior Department , Natural Resources Revenue , Federal Register , Oil And Gas , Fossil Fuels , Public Lands , ஒன்றுபட்டது மாநிலங்களில் , ஜெஸ்ஸி ப்ரெஂடிஸ் டன் , எமிலி ஹேக் , துறை அலுவலகம் ஆஃப் இயற்கை வளங்கள் வருவாய் , உட்புறம் துறை , இயற்கை வளங்கள் வருவாய் , கூட்டாட்சியின் பதிவு , எண்ணெய் மற்றும் வாயு , தொல்பொருள் எரிபொருள்கள் , பொது நிலங்கள் ,