Content Tagged As interior_department

2 years 11 months ago

Wyo., Colo. share in federal energy revenues

DENVER (AP) - Wyoming is tops among states that shared in revenues from oil, gas and mineral production on federal land within their borders in the last fiscal year. The Interior Department said Monday it collected $11.16 billion from energy production on public lands and offshore areas in fiscal...

5 years 1 month ago

Interior ends troubled oil royalty program

The Interior Department says it is ending a controversial program that allows companies to give the government in-kind payments for oil and natural gas taken from federal land and waters, instead of making cash royalty payments. The royalty-in-kind program has been criticized for lax enforcement. Critics charge it has led...

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