Federal Oil, Gas, and Coal Amendments
Key claim: ONRR proposes to amend federal oil, gas, and coal valuation regulations and appeals review standards to reduce industry burden and incentivize energy production.
Abstract
(Proposed Rule · Interior Department, Natural Resources Revenue Office) Consistent with Executive and Secretary’s orders, ONRR proposes to amend ONRR’s Federal oil, gas, and coal valuation regulations and to specify the standard of review for Director-level appeals. This rulemaking also proposes changes that will likely reduce cost and burden to industry and the Federal Government by simplifying regulatory requirements and ultimately incentivize production to unleash energy dominance. ONRR solicits comments on all aspects of this proposed action.
Why this matters
Pending synthesis.