Oil and Gas on Public Lands Off-Limits to Exploration

With oil soaring over $130 a barrel and average national gas prices climbing towards $4 per gallon, the Department of the Interior today released a study showing that vast untapped oil and natural gas resources exist on public lands in the United States.

Federal lands throughout the United States are estimated to contain 31 billion barrels of oil and 231 trillion cubic feet of natural gas. The BLM administers leasing of onshore Federal oil and gas resources.

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