Politics Biden administration moves to raise the cost of drilling on federal lands 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.
Causes Experts say fossil fuel royalty review should include water BC is overhauling what it charges companies to access public resources. The public can weigh in until Dec. 10.
Politics searchlightnm.org Fossil fuels fund New Mexico’s politics and state budget. That’s a problem for climate change. How will the state gain independence from oil and gas extraction when it pays for tax cuts, education, and political campaigns?
