Future of ‘Broken’ Oil Program Under Review, Interior Head Says
- Oil leasing hinges on possible climate, conservation changes
- Deb Haaland to review national monument in Utah next week
Pump jacks in the oil fields surrounding Midland.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
The U.S. government program for selling drilling rights on federal land is so “fundamentally broken” that changes could be needed to address climate change and ensure taxpayers get a greater value from extracted oil and gas, Interior Secretary Deb Haaland said Friday.
“The American taxpayers deserve to have a return on on their investment,” Haaland said, stressing that the public lands managed by Interior are a shared asset.