With low oil prices in 2016, federal revenues from energy on federal lands again declined">With low oil prices in 2016, federal revenues from energy on federal lands again declined
(Tue, 24 Jan 2017) In fiscal year (FY) 2016, the U.S. government collected almost $6 billion in revenues from royalties, rental costs, and other fees from activities related to energy production on federal and American Indian lands, according to the Department of Interiorâs Office of Natural Resource Revenue. These activities include the production of coal, oil, natural gas, and hydrocarbon gas liquids (HGLs) as well as, more recently, renewables.
Leave a comment