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Biden hits US oil drillers with first royalty increase in a century

Financial Times - Energy · last updated

Joe Biden hits US oil drillers with first royalty rate increase in a century
Joe Biden hits US oil drillers with first royalty rate increase in a century

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Related Knowledge Center: Offshore drilling

State of Play

The Biden administration is proposing additional leasing for offshore oil and gas drilling, largely limiting the plan to the Gulf of Mexico.

More informationabout Offshore drilling