Following a strong year in which leasing reform helped to lower protests and increase revenue from onshore oil and gas lease sales on public lands – resulting in a 20 percent increase in lease sale revenues over 2010 – the Interior Department will hold 32 additional sales in calendar year 2012, Secretary of the Interior Ken Salazar announced today.
During calendar year 2011, the Bureau of Land Management (BLM) held 32 onshore oil and gas lease sales, offering 1,755 parcels of land covering nearly 4.4 million acres. 1,296 parcels of land were sold – nearly three-quarters of those offered – generating about $256 million in revenue for American taxpayers.
“This is an example of the power of a common-sense approach to growing America’s energy economy on public lands,” said Secretary Salazar. “The Obama Administration is moving ahead with a comprehensive energy plan for the country that is enhancing our energy security, creating jobs, and improving protections for our land, water and wildlife. Oil, gas, and coal continue to play an important part of our energy portfolio as we take steps to further reduce our dependence on foreign oil and expand the use of wind, solar, geothermal, and other renewable resources.”