🔴 Website 👉 https://u-s-news.com/
Telegram 👉 https://t.me/usnewscom_channel
The American Lookout Headlines homepage has 60 new headlines every 24 hours – click here to see it.
In just three months, the federal government has brought in $39,007,609 in revenue from oil and gas lease sales on public land.
34 parcels were leased for a total of 25,038 acres.
The revenues are split between the federal government and the states where the leases are sold.
The Interior Department announced Thursday that in the first three months of 2025, the federal government brought in nearly $40 million in revenue from oil and gas lease sales on public land.
…
The Bureau of Land Management (BLM), which falls under Burgum’s auspices, leased 34 land parcels for fossil fuel development since January.
Those 25,038 acres brought in $39,007,609 in total receipts.
…
States receiving the windfalls include Montana, North Dakota, New Mexico, Wyoming and Nevada.
Department of the Interior Secretary Doug Burgum said, “By building on the commonsense, pro-growth policies of the Trump administration, we’re ensuring public lands are being used to their fullest potential to support national security, economic strength and livelihood of the American people.”
Bureau Of Land Management Press Release:
The Department of the Interior today announced it generated over $39 million in total receipts from oil and gas lease sales held in the first quarter of 2025 – underscoring the Department’s continued commitment to responsible energy development on public lands and American Energy Dominance. In line with policies championed under the Trump administration, these revenues reflect an ongoing focus on unleashing domestic energy production, supporting job growth, and reducing reliance on foreign resources through efficient, streamlined permitting and leasing processes.
The Bureau of Land Management leased 34 parcels totaling 25,038 acres for $39,007,609 in total receipts for its first quarter of fiscal year 2025 oil and gas lease sales. The combined bonus bids and rentals from the leases will be distributed between the federal government and the states where the parcels are located. The BLM held oil and gas lease sales in Montana, North Dakota, New Mexico, Wyoming and Nevada.
“This quarter’s lease sales demonstrate Interior’s unwavering commitment to fostering American energy dominance, and we are grateful to those who produce energy on federal lands,” said Department of the Interior Secretary Doug Burgum. “By building on the commonsense, pro-growth policies of the Trump administration, we’re ensuring public lands are being used to their fullest potential to support national security, economic strength and livelihood of the American people.”
Oil and gas leases support domestic energy production and American energy independence, while contributing to the nation’s economic and military security. Consistent with Executive Order 14154, “Unleashing American Energy,” BLM’s lease sales help meet the energy needs of U.S. citizens and solidify the nation as a global energy leader long into the future.
Trump’s policies are working!