Institute for Policy Integrity

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Harmonizing Preservation and Production

Harmonizing Preservation and Production

How Modernizing the Department of the Interior’s Fiscal Terms for Oil, Gas, and Coal Leases Can Ensure a Fair Return to the American Public

By Jayni Foley Hein
June 5, 2015

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Filed under Natural Resources, Reports

Leasing federal lands for drilling and mining generates a huge amount of revenue for the United States, but the Department of the Interior, which oversees these leases, uses an antiquated fiscal system that deprives taxpayers of hundreds of millions of dollars. Our report analyzes how the fiscal terms for oil, gas, and coal leases could be modernized to ensure a fair return to the American public.