Biden administration raises costs of public lands drilling
TheHill - 2024-04-12T23:27:45.000Z

Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Interior makes it costlier to drill on public lands The Interior Department finalized a new federal rule Friday that's expected to raise the price for drilling on public lands. © AP Photo/David Zalubowsk Several of

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Oil and gas companies must pay more to drill on public lands under new Biden administration rule
Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued Friday by the Biden administration.
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- From The Washington Times
- 2024-04-12T12:20:23.000Z
Oil and gas firms must pay more to drill on public lands under new Biden rule
Rule adds stronger requirements for cleaning up wells but does not ban leasing on public lands, as called for by environmentalistsOil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued on Friday by the Biden administration.The interior department’s rule raises royalty rates for oil drilling by one-third, to 16.67%, in accordance with the sweeping 2002 climate law approved by...
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- From The Guardian
- 2024-04-12T17:46:19.000Z
Oil and gas companies must pay more to drill on federal lands under new Biden administration rule
WASHINGTON (AP) — Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by the Biden administration. The Interior Department's rule raises royalty rates for oil drilling by more than one-third, to 16.67%, in []
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- From WKBN.com
- 2024-04-12T23:17:36.000Z

In related news

Oil and gas companies must pay more to drill on public lands under new Biden administration rule

Oil and gas firms must pay more to drill on public lands under new Biden rule

Oil and gas companies must pay more to drill on federal lands under new Biden administration rule