The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

access  interior-department  onshore-access  offshore-access  federal-lands  federal-revenues  leasing  permitting 

Mark Green

Mark Green
Posted February 2, 2015

Taking a look at the president’s new budget request for the Interior Department, we see the administration asking for $13.2 billion, an increase of nearly $1 billion over the enacted funding level for the current fiscal year.

Now take a look at data from Interior’s Office of Natural Resource Revenue, which tabulates federal revenues from energy developed in federal areas onshore and offshore.

It’s a lot of information, but check the bottom line: For fiscal year 2013, revenues from oil and natural gas developed in federal areas totaled about $12.9 billion. For FY2014 the total was about $11.7 billion. Federal revenues from oil and natural gas development in FY2014 were about $1.2 billion less than in FY2013.

Interestingly, the amount of lost revenue is just about equal to Interior’s requested budget increase for FY2016. In other words, Interior lost $1.2 billion in revenue from 2013 to 2014 and basically is looking to taxpayers to fill in the gap in the next budget. 

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oil-and-natural-gas-development  domestic-access  federal-lands  interior-department  federal-revenues  offshore-access  onshore-access  regulation 

Mark Green

Mark Green
Posted December 4, 2014

One key to sustaining and growing the ongoing U.S. energy revolution is to increase access to America’s oil and natural gas reserves – specifically, gaining more access to reserves under federal control, onshore and offshore.

And a revolution is what we’re seeing. According to the U.S. Energy Information Administration (EIA), domestic crude output topped 9 million barrels per day for the fourth week in a row, a production level not seen since the mid-1980s.

As great as that news is, it could be better because America’s energy production growth – generating new jobs, growing the economy and increasing our energy security – is occurring on state and private lands. More access to reserves in federal areas would help expand the revolution, generating even more benefits.

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blm34  federal-lands  oil-and-natural-gas-development  permit-delays  onshore-access 

Mark Green

Mark Green
Posted July 2, 2014

An inspector general’s report issued this week really underlines what industry has been telling Washington over the past couple of years: Permitting for oil and natural gas drilling on federal lands takes too long, generates too much uncertainty and is a hindrance to developing reserves that are critical to the country’s energy security today and tomorrow.

The Interior Department inspector general’s assessment of the effectiveness and efficiency of the Bureau of Land Management’s (BLM) onshore drilling permit process basically shows that the process  is neither very effective nor efficient.

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