Federal Agency Withdraws Trump-Era Fracking Royalty Rule For Federal Leases

(September 29, 2021, 10:42 AM EDT) -- WASHINGTON, D.C. — The U.S. Department of the Interior (DOI) on Sept. 28 announced that it haswithdrawna rule passed in the waning days of the Trump administration for the payment of royalties by hydraulic fracturing companies that operate on federal land, returning to the former method of calculating royalties, which the DOI estimates will result in a $64 million increase in royalty collections....

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