POGO Asks the House to Protect Oil and Gas ReformTweet
July 8, 2015
|Image by Esteban Monclova / Flickr|
Interior Secretary Sally Jewell recently acknowledged that the regulations governing oil and gas resources on federal lands are outdated and in need of reform. The resulting public comments from a Bureau of Land Management advance notice of public rulemaking indicate that the public overwhelmingly agrees. Royalty rates for onshore oil and gas lag behind the rates for offshore oil and gas, as well as the rates that many states charge. It is the Department of the Interior's mandate to ensure that Americans get a fair return on natural resources extracted from federal lands that they deserve.
Amendment 591 to H.R. 2822, introduced by Representative Steve Pearce (R-NM), seeks to prohibit the use of funds to increase oil and gas royalty rates, meaning that Americans could miss out on millions of dollars in revenues. Today, the Project On Government Oversight urged the Members of the House of Representatives to vote against this unwise amendment when the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2016 (H.R. 2822) is on the Floor.
|Center for Western Priorities, A Fair Share: The Case for Updating Oil and Gas Royalties on Our Public Lands, June 18, 2015,|
Liz Hempowicz is the Director of Public Policy for the Project On Government Oversight.
Topics: Energy and Natural Resources
Related Content: Oil & Gas Royalty Revenue
Authors: Elizabeth "Liz" Hempowicz
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