fossil fuels | KUNR

fossil fuels

President-elect Joe Biden wants to move the U.S. away from fossil fuel development, but he will face some challenges.

  

Recent data shows that the U.S. had more minable oil and natural gas reserves than ever before.

The last time the royalty rate for oil and gas production on federal land changed was in 1920. Proposed legislation in the U.S. House of Representatives would address that, but the industry stands opposed.