Tag: One Big Beautiful Bill Act

By Savana Kascak | Complete Colorado DENVER–The Bureau of Land Management’s (BLM) quarterly oil and gas lease sale in Colorado generated over $8 million, the most successful such sale the federal lands agency has enjoyed in recent years. The BLM, as well as energy policy experts credit the successful lease sale in large part to the Trump administration’s pro-energy production policies. According to its recent press release, the BLM on March 31 leased 68 parcels of federal land for drilling in Colorado, generating $8.1 million. Over 42,000 acres were leased across Weld, Jackson, Routt, Arapahoe, Delta, Mesa, Rio Blanco, Gunnison, and Garfield counties. This sale was conducted with lower royalties embedded in the One Big Beautiful Bill Act (OBBB), which reduced th...