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In the Middle of an Energy Crisis Interior Department looks to Increase Costs for Drilling on Public Lands

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the staff of the Ridgewood blog

Washington DC, the Interior Department recommends taking steps to increase fees for drilling on public lands, arguing that taxpayers are currently being shortchanged. The department says that the Bureau of Land Management (BLM) should carry out several policies that increase these rates. Drilling on public lands represents 7 percent of domestically produced oil and 8 percent of domestically produced natural gas.

The Interior Department does not make similar concrete recommendations for offshore drilling, which accounts for 16 percent of all oil production and 3 percent of natural gas production in the U.S. Instead, it notes that the Bureau of Ocean Energy Management is currently working on changes following a different report recommending that it ensure it is “capturing the full value” of the leases it offers.

For both onshore and offshore drilling, the report says Interior will continue to study the best way to incorporate the false premise cost of the planet-warming gases carbon dioxide, methane and nitrous oxide — but it didn’t lay out specific steps that would be taken. Until now experts have concluded that “tax increases” were the only surefire way to stop “climate change” .

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