The 1872 Mining Law charges mining companies no royalties for the minerals they remove from federal lands and allows them to purchase federal land for between $2.50 and $5.00 per acre. There have been temporary bans on new sales in each appropriations bill since 1995, but no permanent ban. Taxpayers receive no rent or royalties […]
Continue Reading »House Natural Resources Committee
Fair Value Grazing Fees
The formula for determining the grazing fee for lands managed by the Bureau of Land Management and the Forest Service uses a base value set in 1966 that the lease rates for grazing on private lands, beef cattle prices and the cost of livestock production adjusts annually. By law, the grazing fee per animal unit […]
Continue Reading »Gas Royalty Relief – Deep and Shallow Water Gas
Oil and gas companies that drill on public lands or in federal waters pay royalties for the oil and gas they extract. The amount of royalties they pay depends on the amount extracted, the market price for oil and gas, and the royalty rate. The Deepwater Royalty Relief Act of 1995 (DWRRA) allowed the Secretary […]
Continue Reading »Oil Royalty Relief – Deep Water
Oil and gas companies that drill on public lands or in federal waters pay royalties for the oil and gas they extract. The amount of royalties they pay depends on the amount extracted, the market price for oil and gas, and the royalty rate. Typically, the government sets limits on the amount of oil and […]
Continue Reading »Fossil Energy Research and Development Program
In the Department of Energy (DOE), the Office of Fossil Energy manages the Fossil Energy Research and Development Program (FER&D), which includes the R&D Programs in Advanced Coal Energy Systems & Carbon Capture Utilization and Storage (CCUS), Natural Gas Technologies and Unconventional Fossil Energy Technologies; as well as funding for the operations, infrastructure and R&D […]
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