If anyone doubts the current administration's negative impact on U.S. oil and natural gas development, the Western Energy Alliance (WEA) has some news for you: The numbers don't lie.
The WEA recently compiled government data showing trends in oil and natural development on western public lands. The figures are revealing:
- In its western offices, the Bureau of Land Management (BLM), a division of the U.S. Department of the Interior, issued 531 leases for oil and natural gas development in Fiscal Year (FY) 2010, a 79 percent drop from the 2,499 leases issued in FY2005.
- Since FY2005, BLM has offered 60 percent fewer parcels and 70 percent fewer acres to development.
- Leasing revenue to the federal government fell 46 percent from $189.6 million in FY2005 to $101.6 million in FY2010.
- In th... more »














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