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DOI Repeals Obama-Era Mineral Royalty Rule

By Christine Powell (August 4, 2017, 3:32 PM EDT) -- The U.S. Department of the Interior's Office of Natural Resources Revenue is axing the Obama administration's update of how lease royalties for minerals on federal and Native American lands are calculated, citing "defects" in the measure and President Donald Trump's commitment to reducing regulatory burdens on domestic energy development in a notice being published Monday....

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