2/2 Trump Administration Announces $39 Million In Oil And Gas Lease Sales

The lease sales are part of the broader goals set by Trump’s Executive Order 14154, titled “Unleashing American Energy,” which aims to position the U.S. as a global energy leader. The goal is to reduce energy costs for consumers and improve national security by fostering domestic energy production. The BLM’s sales are expected to continue, with 15 more scheduled for later in 2025.

Under the leasing terms, the federal government receives a royalty of 16.67% of the value of the production. The leases are valid for up to 10 years and can be extended as long as there is oil and gas production. The government’s efforts are designed to meet the energy needs of U.S. citizens while supporting economic and military strength in the years to come.

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