Trump administration cuts oil, gas fees in hundreds of cases
June 10, 2020
BILLINGS, Mont. (AP) — The Trump administration has awarded energy companies hundreds of breaks on payments for oil and gas extraction from U.S. lands and the Gulf of Mexico during the coronavirus pandemic, according to a government database and federal officials.
The temporary breaks on royalty and rental payments are intended to help companies with workforce problems or other issues after government-imposed shutdowns due to the pandemic caused fuel demand to plummet worldwide.
Critics argue the breaks on government fees are unnecessary industry handouts that in some cases are benefitin...