Options for Increasing Federal Income from Crude Oil and Natural Gas on Federal Lands

Download or read book Options for Increasing Federal Income from Crude Oil and Natural Gas on Federal Lands written by and published by . This book was released on 2016-05-22 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The production of oil and natural gas in the U.S. has increased rapidly. As of 2014, domestic production of crude oil had grown to about half of total consumption, and domestic production of natural gas represented almost 95% of total consumption. Domestic oil and gas production on federal lands or in federal waters off the coast of the U.S. represented about one-fifth of total U.S. production in 2014. Contents of this report: How the Government Currently Manages Access to Crude Oil and Natural Gas on Federal Lands; How Much Income the Government Has Collected from Oil and Gas Leasing; The Current Process for Managing Access to Crude oil and Natural Gas on Federal Lands; Selected Policy Options to Increase Federal Income. Tables and figures. This is a print on demand report.