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Federal Land Sales for Affordable Housing?

that committee passed bill also adjusts on and offshore O&G royalties down to a flat 12.5% and coal down to 7%. they are currently 16.7, 18.75, and 12.5 respectively.
They will argue that lower royalty rates will increase production with more leases. Because it’s the royalty holding back O&G companies, not $57/brl oil. There will be a lot of fantasy in this budget process.
 
They will argue that lower royalty rates will increase production with more leases. Because it’s the royalty holding back O&G companies, not $57/brl oil. There will be a lot of fantasy in this budget process.

"The sales from these small parcels of land will generate significant federal revenue, and have broad local support. It’s a tailored, parochial budgetary measure,” said House Natural Resources Committee spokesperson John Seibels.


that quote alone is an interesting bit of laugh out loud fantasy in and of itself

"small parcels" --> "significant revenue" ... but still "parochial"
 
"The sales from these small parcels of land will generate significant federal revenue, and have broad local support. It’s a tailored, parochial budgetary measure,” said House Natural Resources Committee spokesperson John Seibels.


that quote alone is an interesting bit of laugh out loud fantasy in and of itself

"small parcels" --> "significant revenue" ... but still "parochial"
Saw this guy go on CNBC in a “counterpoint” interview and blatantly lie about US energy market. And he was giving a counterpoint to those in his OWN party that want more cuts. Evans never called him out on the lies. I guess you get called “fake news” enough times you eventually just jump on board and stop doing journalism.

Federal Public land is done. If the number of costs, explicit and implicit, are the drivers of endless calls to get rid of it and Americans don’t want to pay the bill, its fate is sealed.
 
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