Production of oil and natural gas from leases on federal lands and
waters is an important part of the nation's energy portfolio and a
significant source of revenue for the federal government. This book
examines steps Interior has taken to ensure the public receives a
fair return on oil and gas resources since 2007. It also examines
the number of tracts leased, along with the trends in associated
coal production and revenues generated since 1990; BLM's
implementation of the process to estimate fair market value for
coal leases; the extent to which BLM considers coal exports and
domestic coal reserve estimates when estimating fair market value;
and the extent to which BLM communicates information on federal
coal lease sales to the public.
General
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