US House panel advances measure to hike oil, gas royalties in budget reconciliation

摘要

The House Natural Resources Committee advanced its portion of aUS budget reconciliation package late Sept. 9, with Democrats votingas a bloc to increase spending for climate resilience and raiserevenue through higher oil and natural gas royalty rates and leasingcosts for development on federal properties.After a lengthy markup with repeated attempts by Republicans tostrike some of the added costs for fossil fuel resources, the panelvoted 24-13 to approve the measure.