U.S. House passes bill funding conservation via drilling royalties

Credit: Wochit
Published on February 26, 2019 - Duration: 00:38s

U.S. House passes bill funding conservation via drilling royalties

On Tuesday the House of Representatives easily passed a public lands bill, just as the Senate did earlier this month.

Rueters reports that the bill permanently reauthorizes a fund that has funneled billions of dollars into land conservation, paid for by revenues from offshore oil and gas drilling.

Each year about $900 million in royalties paid by energy companies drilling on the U.S. outer continental shelf go to the fund that pays for items from improving ball fields to expanding national parks and wildlife refuges.

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