Will raising the minimum bid in federal oil and gas lease auctions boost auction revenue?

The short answer to the title question is probably not. In the Department of the Interior’s rulemaking docket concerning the financial terms governing oil and gas leasing on federal lands, a handful of comments endorsed the idea of raising the minimum bid in lease auctions as a way to increase federal revenues. But, as explained … More Will raising the minimum bid in federal oil and gas lease auctions boost auction revenue?