What Effects Will Big Beautiful Bill’s Lower Oil and Gas Royalty Rates Have on Wyoming?
How will the Big Beautiful Bill’s reduced oil-and-gas royalty rates impact Wyoming? A federal oil and natural gas lease sale in Wyoming this month netted $8.5 million for 32 parcels spanning 39,225 acres, according to the U.S. Bureau of Land Management. The “bonus bid” proceeds are paid up front and split between the U.S. Treasury […]