Oil and gas companies pay royalties to state and federal governments for drilling on our land. They pay 25% to Texas, 18.75% to the federal government for drilling offshore. But they pay only 12.5% for drilling on federal lands. This rate was established in 1920 and is the same today. Using it results in lost revenue of hundreds of millions of dollars every year. This loss is shared between the federal government (51%) and the states in which the federal land is located (49%).
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