Holiday Sale | Save 50%
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Biden increases crude oil royalty rate, scales back leases

Summary by Ground News
Just 173 parcels will be offered across Wyoming and seven other states. The royalty rate at the upcoming sale will be 18.75%, up from the minimum 12.5% it has used for more than a century. This would be the first federal onshore lease sale held since President Joe Biden took office.
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  • 49% of the sources are Center
49% Center
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