$58 Million Raised in Historic Energy Sale
Oil Lease Success in New Mexico, The Bureau of Land Management just completed a major oil and gas lease sale in New Mexico, earning over $58 million. This is one of the highest-grossing BLM lease events ever, signaling the strong momentum behind President Trump’s energy policies.
Royalty Rollback Sparks Industry Growth
Thanks to the One Big Beautiful Bill Act, federal royalty rates were slashed from 16.67% to 12.5%. This change cuts the cost of doing business, creating new incentives for oil and gas developers across the U.S.
More Leases, More Jobs, More Energy
Lower costs mean more companies are investing in domestic drilling. As leasing and exploration rise, so will employment in energy-rich states like New Mexico. It’s a win for workers, families, and national security.
Leadership Committed to American Prosperity
Interior Secretary Doug Burgum praised the sale as a turning point. “We’re unlocking energy, lowering prices, and keeping the wealth of our land in American hands,” he said.
Federal-State Partnership Supports Communities
Revenue from these leases gets split between Washington and the State of New Mexico. That means more funding for schools, roads, and local projects that make life better for families.
Balanced Development with Environmental Oversight
While boosting production, the federal government remains committed to oversight. Each lease follows environmental reviews under the National Environmental Policy Act, ensuring responsible development.
Looking Ahead: Energy Security and Global Leadership
This lease sale is just the beginning. Under Executive Order 14154, the Trump administration is building long-term energy dominance. With each lease signed, America takes another step toward total energy independence.
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