Lower oil prices see federal revenues from oil and gas operations at their lowest point since at least 2004
Federal revenue from energy production on federal and American Indian lands fell for a second consecutive year to the lowest point since at least 2004, according to the Energy Information Administration (EIA). For fiscal year (FY) 2016, the U.S. government collected nearly $6 billion in revenues from royalties, rental costs, and other fees associated with the production of coal, oil, natural gas, and hydrocarbon gas liquids, as well as r...


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