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Trump not in favour of royalty cuts for oil and gas companies
April 9, 2020
Source: The Hill

Trump not in favour of royalty cuts for oil and gas companies

Donald Trump has opposed widespread royalty cuts given to the oil and gas companies that drill on public lands and waters. According to the sources, the Republican lawmakers have written to Trump urging to lessen the royalty. “Such requests may be granted in cases where an operator is prevented from operating or producing on a lease for reasons beyond or outside their control”, said Interior Department spokesperson.

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