Federal Oil and Gas Drilling Royalty Rate Rollback
Sector: Oil and Gas • Location: United States
Source: AP News
A federal law signed by President Donald Trump in July 2025 rolled back the minimum federal royalty rate on new oil and gas leases on federal land to 12.5%, down from 16.7% under the previous administration. This policy aims to boost energy production, jobs, and affordability by making drilling cheaper on federal lands. The change impacts states that depend on oil and gas revenue, especially New M
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Status
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | A federal law signed by President Donald Trump in July 2025 rolled back the minimum federal royalty rate on new oil and gas leases on federal land to 12.5%, down from 16.7% under the previous administration. This policy aims to boost energy production, jobs, and affordability by making drilling cheaper on federal lands. The change impacts states that depend on oil and gas revenue, especially New Mexico, which is the largest recipient of federal mineral lease payments and has raised its own royalty rates on prime land. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Budget | 000000000000000 |
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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