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For the first time in a century, the US is raising fees for drilling on federal lands

  • Grist faviconGrist

    By Naveena SadasivamJul 21, 2023, 8:20 pm179 pts
    The rules for oil and gas extraction on public lands have been stagnant for decades. Oil and gas companies have paid 12.5 percent in royalties to the federal government for drilling on public lands for more than a century, significantly lower than the rates many Western states charge. Companies must also post…
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