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Economy
U.S. Oil and Gas Lease Sales up 86 Percent, $360 Million to Federal and State Treasuries
2018-02-03
[Breitbart] The Department of the Interior’s Bureau of Land Management (BLM) is hailing the increase in oil and gas lease sales in 2017, making it the most lucrative year in almost a decade.

State offices for the agency generated $360 million in lease sales, an increase of 86 percent over the previous year.

"Oil and gas lease sales on public land directly support domestic energy production and the president’s energy dominance and job growth priorities for America," David Bernhardt, deputy secretary of Interior, said in the press release announcing the data. "[Last year] was a big year for oil and gas leasing on federal lands, and these sales provide critical revenue and job growth in rural America."

Bernhardt also said the sales reflect President Donald Trump’s deregulation agenda "to identify and modify unnecessary regulations that impede responsible energy development."
Posted by:Besoeker

#5  Screw the lease fees. We should literal be getting a percentage of the royalties.
Posted by: Woodrow   2018-02-03 19:58  

#4  I pretty much lost my business due to the "perfect storm" combination of the shutdown in 2009/2010 and the price dip from the so-called Iran deal where Iran got a hundred billion dollars of their money back and oil prices were mysteriously low for two years (but we're not supposed to think about that. Or about that some of that money went to paying for the Russian offensive in Syria). The oilfield seems to be coming back in other places, but not in Louisiana. And even if prices are up, investment is probably going to be lacking, because noone wants to be the Saudis' or Iran's or Obama's next Example.
Posted by: Thing From Snowy Mountain   2018-02-03 13:46  

#3  I hope we raised prices. I remember that fiasco with I think it was gold mining on federal lands.

Our fee was ridiculously low.
Posted by: Clem Kadiddlehopper9000   2018-02-03 13:40  

#2  Russia is like a activity and a black hole, it's all going somewhere and missing...". How about here?.

Theforgotten man? The National Debt? Shriner's Hospital for Children? Roads and Bridges? The VA? The A-10 Warthog? Healthcare for the indigent? The border wall?

I'm a a simple man. Rather than a tiring investigatory process, I'll simply employ the process of....'illumination.'
Posted by: Besoeker   2018-02-03 07:34  

#1  "Yes... about Norway is true. I have friends there, so real norwegians have annual bonuses and stuff from oil sales, etc. and decent sums. A few thousand a year is just a prize, not to mention a cool dhss at all. Russia is like a activity and a black hole, it's all going somewhere and missing...". How about here?.
Posted by: Dale   2018-02-03 07:25  

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