Sweeping Rahall Bill Would Overhaul Federal Oil and Gas Leasing, Royalties
Sweeping Rahall Bill Would Overhaul Federal Oil and Gas Leasing, Royalties
By Noelle Straub / The New York Times
House Energy and Natural Resources Chairman Nick Rahall (D-W.Va.) introduced a bill yesterday to forge a new Interior agency to govern oil and gas leasing on federal lands and to overhaul the federal royalty system.
The far-reaching bill also includes measures to improve planning for offshore energy development, address wind and solar programs, and boost funding for ocean conservation and land acquisition. It comes largely as a response to a series of scandals and scathing government watchdog reports on the federal agencies that handle oil and gas drilling on public lands.