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DOI: Fiscal 2018 payments to states, tribes rose 26% from 2017
Oil & Gas Journal: The US Department of the Interior’s Office of Natural Resources Revenue distributed $8.93 billion in revenue and royalties from energy produced on federal managed public and Indian tribal land to states, tribes and three special funds, 26% more than the $7.11 billon it distributed in fiscal 2017, Interior Sec. Ryan Zinke said.
“President Trump’s energy dominance strategy is paying off and local communities across America are the beneficiaries,” Zinke said. “This critical source of funding will be used for educational and infrastructure improvements and land and water conservation projects, and to create good-paying American jobs.”
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