20 min
Oil & Gas Leasing and the IRA Budget Watchdog All Federal
-
- Politics
It took 100 years, but Congress is poised to pass the first update to the onshore oil and gas royalty rate since 1920. It's all part of the Inflation Reduction Act of 2022. TCS Vice President Autumn Hanna, and Research Analyst Mia Huang, join TCS President Steve Ellis for deep dive on the IRA provisions that directly impact reform in the federal oil and gas leasing program. Hit play to learn about oil and gas leasing reforms, and increase to the onshore royalty, rental rates, and the new minimum bid in lease auctions.
It took 100 years, but Congress is poised to pass the first update to the onshore oil and gas royalty rate since 1920. It's all part of the Inflation Reduction Act of 2022. TCS Vice President Autumn Hanna, and Research Analyst Mia Huang, join TCS President Steve Ellis for deep dive on the IRA provisions that directly impact reform in the federal oil and gas leasing program. Hit play to learn about oil and gas leasing reforms, and increase to the onshore royalty, rental rates, and the new minimum bid in lease auctions.
20 min