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U.S. House passes bill funding conservation via drilling royalties

Credit: Wochit News
Published on February 27, 2019 - Duration: 00:37s

U.S. House passes bill funding conservation via drilling royalties

On Tuesday the House of Representatives easily passed a public lands bill, just as the Senate did earlier this month.

Rueters reports that the bill permanently reauthorizes a fund that has funneled billions of dollars into land conservation, paid for by revenues from offshore oil and gas drilling.

Each year about $900 million in royalties paid by energy companies drilling on the U.S.

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U.S. House passes bill funding conservation via drilling royalties

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