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© Getty Images 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.  ADVERTISEMENT The industry has argued that a previous rule on how the royalties are calculated was burdensome and created uncertainties.  

United statesJesse prentice dunnEmily hagueDepartment office of natural resources revenueInterior departmentNatural resources revenueFederal registerOil and gasFossil fuelsPublic landsஒன்றுபட்டது மாநிலங்களில்ஜெஸ்ஸி ப்ரெஂடிஸ் டன்எமிலி ஹேக்துறை அலுவலகம் ஆஃப் இயற்கை வளங்கள் வருவாய்உட்புறம் துறைஇயற்கை வளங்கள் வருவாய்