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Trump Just Made The Biggest Sale Of Drilling Rights On Federal Land In 4 Years

Source: dailycaller.com - Feb 10, 2017

The Bureau of Land Management (BLM) made its largest lease sale in four years, marking the start of President Donald Trump’s plans to expand drilling on federal lands.

BLM sold drilling rights on 278 parcels of public land for $129.3 million. Bids ranged from $2 per acre to $16,500 per acre. The land sold was mostly located in Wyoming — about half of which is directly controlled by the federal government.

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Category: General Business