BLM

Feds offering 80% less in oil and natural gas lease sales, increasing royalty rate

PROMO Energy - Oil Pump Rig - iStock - Karina Movsesyan

The U.S. Department of Interior announced it is making only 20 percent of eligible acreage for oil and natural gas production available for leasing on federal lands to comply with a federal court order.

Joe Neguse, a top House Democrat on public lands issues, urges Interior secretary to keep BLM headquarters in Colorado

PROMO Animal - Horse Range Pasture Outdoor Bureau of Land Management BLM - iStock - htrnr

U.S. Rep. Joe Neguse, D-Colo., wants the Biden administration to keep the Bureau of Land Management's (BLM) headquarters "fully functioning" and in Colorado, according to a letter he sent Wednesday to the country's top land manager.