Trump admin’s first oil and gas-lease sales nets nearly $40 million for U.S. coffers

On Thursday, the Ministry of Interior announced that in the first three months of 2025, the federal government achieved nearly $ 40 million in oil and gas rental revenues on public soil.

A senior official said that the development proves the value of President Donald Trump’s vision to launch US energy dominance.

“Rent sales in this quarter show the fixed interior commitment to enhance US energy dominance, and we are grateful to those who produce energy on federal lands,” Interior Minister Doug Borgum said in a statement.

“By building on logical policies, supporting the growth of the Trump administration, we guarantee the use of public lands on its maximum capabilities to support national security, economic strength and ways to live the American people.”

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The BLM Office (BLM), under the auspices of Burgum, has rented 34 lands for land to develop fossil fuels since January.

Those brought 25,038 acres 39,007,609 dollars in the total receipts.

Revenue will be divided between federalists and every specific state where rental contracts have been sold.

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An oil pump in the drive area in McDonald’s in Bradford, Pennsylvania. (Reuters)

The sudden states include Montana, North Dakota, New Mexico, Wyoming and Nevada.

The Ministry of Interior said in a statement that sales were compatible with Trump’s executive order 14154: “The launch of American energy.”

The pump cranes operate in front of the drilling platform in the Midland oil field, Texas. (Reuters/Nick Oxford)

The administration confirmed that various parcels will be developed in line with the 1969 National Environmental Policy law-which is the environment law and its impact led by former senator Scope Jackson, d.

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Rental contracts have a life for one infertility and “after that, where there is oil and gas production in paying the quantities.”

FEDS also has 16.67 % kings.