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By MATTHEW BROWN, Associated Press

Biden hikes oil royalties and cuts lease sales

April 16, 2022 by By MATTHEW BROWN, Associated Press

BILLS, Mon. (AP) — The Interior Department said Friday it is proceeding with the first onshore sales of public oil and natural gas well leases under President Joe Biden, but will sharply increase royalty payments for companies as federal officials scale up efforts to combat the Balancing climate change against the pressure to bring down … Read more

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