The royalty rates paid by oil, gas and coal companies for the right to drill and mine on land owned by the public have not changed since 1920.
Biden Administration Moves to Raise the Cost of Drilling on Federal Lands
https://www.nytimes.com/2023/07/20/climate/biden-drilling-federal-lands.html
4 Comments
pizzaiolo@slrpnk.net · 10 pts · 3y
Or just fuckin strip their license to operate
silence7@slrpnk.net · 4 pts · 3y
That's tough with the current supreme court - there's a bunch of historical jurisprudence treating a drilling lease as a property right, so you need to pay the lessee to end the lease.s
Faendol@sh.itjust.works · 4 pts · 3y
Ughhhhhhh, God I fucking hate the supreme court.
HubertManne@kbin.social · 2 pts · 3y
I hope they add an automatic increase.