The House Natural Resources Committee is preparing to launch an overhaul of oil and gas drilling legislation in a bid to boost drilling activity on federal lands via a surge in lease sales in key producing regions. The changes are set to become part of the budget reconciliation bill to be discussed at a hearing later today. After the hearing, the bill will move on to the Senate, where Republicans have a majority. Per Reuters, the budget reconciliation path that the Natural Resources Committee has chosen will secure the bill’s future by avoiding…
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