U.S. Oil & Gas Industry, Affected States Oppose Reforms to Federal Leasing Program

SUGAR LAND--December 3, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Stakeholders across the U.S. Oil & Gas Industry have their thoughts on a recent report by the U.S. Department of the Interior (DOI) (Washington, D.C.) that recommends a series of reforms to the federal leasing program, including raising the cost to drill on public lands and waters to be more in line with what states and private landowners charge. States with high levels of oil and gas production on both state and federal lands, like Wyoming, and industry groups alike oppose the proposed changes, while environmental activists have mixed emotions and proponents are cheering the long-overdue efforts.