Oil, natural-gas, and coal-mining operations on federal lands in Colorado generated more than $393 million in lease and fee revenues in 2022 for the federal and state governments — the most in 14 years. A combination of increased oil production, higher commodity prices, and new royalty rates and fees led to a... read full story
"One of the big improvements we've seen in this past year was raising the royalty rate,"
Photo: Coal mines