Interior's Failure "a Jaw-Dropping Example of Bureaucratic Bungling"

More than 1,000 leases signed in 1998 and 1999 were inked without the clause that requires companies to pay royalties for oil drilled on federal land. The omission of this requirement, called a price threshold, could cost the federal government as much as $10 billion over 25 years, according to the Government Accountability Office.

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