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Friday 4 September 2020

Trump cuts oil and gas drillers' rent on public lands, as state budgets suffer

Bureau of Land Management accused of giving a handout to rich corporations at the expense of states who depend on oil revenues

The oil and gas industry has been allowed to pay far less than usual to the government for the right to drill on public lands under a controversial Trump administration coronavirus relief policy, an analysis by a watchdog group and the Guardian reveals.

The Bureau of Land Management has granted economic relief for drilling on land leased by the energy giants BP and ExxonMobil, according to records from the bureau.

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from The Guardian https://ift.tt/354H7Fq

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