Through the first 11 months of 2023, the Department of the Interior’s Bureau of Land Management (BLM) has held 10 oil and gas lease sales across 8 states, with an additional 6 lease sales scheduled before the end of the year. So far in 2023, 249,757 acres of federal land have been offered for oil and gas development, of which 134,119 acres have been leased. These lease sales have been held under a leasing system that the Department of the Interior (DOI) has acknowledged is insufficient at protecting taxpayers and providing a fair return for oil and gas produced on federal lands. Though some fiscal reforms to oil and gas leasing were enacted in 2022, key areas of the federal leasing system still need to be addressed before taxpayers are locked into future losses. Through the end of the year, 44,858 additional acres are expected to be available at auction.

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