The United States has abundant natural resources which corporations have been able to exploit for their own benefit for far too long. They pay the US tax payers a pittance for the resources they extract, while charging those same tax payers more and more for their products.
This needs to be addressed – the royalties paid by oil and other companies that extract valuable natural resources from Federally-owned lands must increase. In addition, we need to hire staff to perform audits on those companies to insure compliance.
https://www.americanprogress.org/article/federal-oil-and-gas-royalty-and-revenue-reform
https://www.gao.gov/products/gao-24-103676
https://web.archive.org/web/20250110185008/https://www.gao.gov/products/gao-24-103676
https://maint.loc.gov/law/help/crude-oil-royalty-rates/index.php
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