The U.S. Department of Interior Has Released the Latest Numbers on Oil and Gas Drilling, and It Is Nothing but Good News for Americans.

October 25, 2019

Under the Trump Administration, the Department of the Interior’s Office of Natural Resources Revenue disbursed $11.69 billion in fiscal year 2019, hitting levels that nearly double the Obama Administration’s output. That money was divided between Native Americans and their tribes, state governments who need it to balance their budgets and important government programs such as the Land and Water Conservation Fund and the Historic Preservation Fund.

According to the Interior Department, “New Mexico received the highest disbursement in FY 2019, and it is the greatest allocation received in the state’s history at $1.17 billion.”

In their announcement, the Interior Department laid out the benefits:

States received $2.44 billion in disbursements, and more than $1 billion was disbursed to American Indian Tribes and individual Indian mineral owners. In addition, $1.76 billion went to the Reclamation Fund; $1.0 billion to the Land and Water Conservation Fund (LWCF); $150 million to the Historic Preservation Fund; and the remaining $5.35 billion to the U.S. Treasury.

“The President believes we can appropriately develop our natural resources and be great stewards of conservation,” said Secretary Bernhardt. “The disbursements paid to states and Tribes from energy development revenues go right back to the communities where the energy was produced, providing critical funding for schools, public services, conservation improvements, and infrastructure projects that create good-paying American jobs.”

Total revenues collected last year increased by 31 percent to approximately $12 billion, continuing a successful upward trend for the Trump Administration. Often the second-highest generator of federal income following taxes, energy revenue disbursements are a critical source of funding to states, American Indian Tribes and individual Indian mineral owners, as well as to the Land and Water Conservation Fund, Reclamation Fund, Historic Preservation Fund and the U.S. Treasury.

This kind of economic growth and benefit to communities is roaring, but it is exactly what the eco-left wants to destroy. When you hear the Green New Deal talking points, remember that hurting the energy industry doesn’t just kill energy jobs, it takes crucial funds from those that need them most.

Thankfully, we’ll be here to stop the eco-left, and continue to stand up for energy workers.