The Interior Department is proposing to overhaul three federal regulations addressing how oil and gas production on federal lands is measured and reported, and how the royalties are distributed.
Criticizing “burdensome bureaucracy,” Interior’s Bureau of Land Management on Wednesday announced its intent to update its oil and gas measurement regulations and its rule governing “site security and production handling. The move drew criticism from environmental groups.
The land bureau is key to the Trump administration’s fossil fuels-focused energy strategy. In addition to managing 244 million acres of public land across the country, the bureau oversees all the nation’s federally owned ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.