County Governments Lack Royalties from Federal Land Oil Development

Posted : February 17, 2024

Despite the significant amount of oil and gas development on federal lands within our county boundaries, our local governments receive virtually no royalties from these high-value resources. It's a stark reality that underlines a significant imbalance in our economy. On the other hand, a surprising contrast lies in the realm of hunting and outdoor recreational activities, which provide a completely different scenario in terms of revenue and financial contributions.
1. Local governments receive virtually no royalties from the significant oil and gas development on federal lands within their county boundaries.
2. Hunting and outdoor recreational activities on these lands provide a distinct contrast and significantly contribute to the local economy.
3. The influx of tourists for these recreational activities support local businesses such as hotels, restaurants, and shops.
4. Licences and permits for hunting and fishing also generate supplementary income, particularly beneficial during economic downturns.
5. The hunting and fishing communities fund and support conservation work, which provides local employment and contributes to the overall sustainability of the local economy.
In 2016, outdoor recreational activities contributed more than $887 billion in consumer spending to the U.S. economy, which was significantly more than the gas and oil industries.
In affirmative contrast, hunting and fishing activities undertaken on these same federal lands contribute significantly to the local economy. These recreational activities support local businesses by bringing in tourists who make use of hotels, restaurants, and shops. Additionally, licences and permits for hunting and fishing result in supplementary income for the county. This is particularly beneficial during economic downturns, when other sources of income may be insufficient. The financial impact, however, extends far beyond simply the dollars and cents generated by tourism and licensing. Conservation work, funded and supported by hunting and fishing communities, also provides local employment and contribute to the overall sustainability of the local economy.