First lease sale under new legislation lowers royalty rates and plans to boost domestic energy development The Bureau of Land Management (BLM) in New Mexico has leased 16…
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Interior Distributes Public Land Revenue to Local Governments
A portion of the revenue reimburses for local administration, maintenance, and first responders. The Department of the Interior announced that $578 million will be distributed to governments with…
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Interior Distributes $252 Million to Oil State Coastal Restorations
Annual funding distributed through oil revenue-sharing model. The Department of the Interior recently distributed $252 million to Alabama, Louisiana, Mississippi, and Texas for coastal conservation projects. These four…
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