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House to Debate Bills on Geothermal and Oil Leases, Including Controversial Royalty Resiliency Act by Rep. Hunt.

The House of Representatives is set to debate multiple bills, including legislation to address concerns with geothermal and oil and gas leases. The “Royalty Resiliency Act” from Rep. Wesley Hunt (R-Texas), would remove a 100 percent royalty rate on oil and natural gas leases, even if the lease covers non-federally owned land, until the Interior Department approves a communization agreement outlining the exact royalty payment amount. Ben Gruber, deputy assistant director of energy, minerals and realty management for the Bureau of Land Management, supported the bill during a hearing.

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