Competitive Oil Sales and Natural Gas Leases Tied to Higher Government Revenues, GAO Says – Natural Gas Intelligence
Competitive Oil Sales and Natural Gas Leases Tied to Higher Government Revenues, GAO Says – Natural Gas Intelligence
Federal onshore oil and gas leases awarded through competitive auctions have generated significantly higher production volumes and government revenues in recent years than federal leases, according to new analysis by the US Government Accountability Office (GAO). not competitive. Lease sales are made by the Home Office’s Land Management Office (BLM), either by auction with plots […]
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