“Drill, baby, drill” is the mantra of President Donald Trump’s administration, and it is already paying dividends, according to the administration.
Oil and gas lease sales on public lands in the few months since Trump took office has already netted the government more than $39 million, the Department of the Interior announced on Friday.
“The Department of the Interior today announced it generated over $39 million in total receipts from oil and gas lease sales held in the first quarter of 2025 – underscoring the Department’s continued commitment to responsible energy development on public lands and American Energy Dominance. In line with policies championed under the Trump administration, these revenues reflect an ongoing focus on unleashing domestic energy production, supporting job growth, and reducing reliance on foreign resources through efficient, streamlined permitting and leasing processes,” it said in a press release.
“The Bureau of Land Management leased 34 parcels totaling 25,038 acres for $39,007,609 in total receipts for its first quarter of fiscal year 2025 oil and gas lease sales. The combined bonus bids and rentals from the leases will be distributed between the federal government and the states where the parcels are located. The BLM held oil and gas lease sales in Montana, North Dakota, New Mexico, Wyoming and Nevada,” it said.
“This quarter’s lease sales demonstrate Interior’s unwavering commitment to fostering American Energy Dominance, and we are grateful to those who produce energy on federal lands,” Department of the Interior Secretary Doug Burgum said. “By building on the commonsense, pro-growth policies of the Trump administration, we’re ensuring public lands are being used to their fullest potential to support national security, economic strength and livelihood of the American people.”
“Oil and gas leases support domestic energy production and American energy independence, while contributing to the nation’s economic and military security. Consistent with Executive Order 14154, ‘Unleashing American Energy,’ BLM’s lease sales help meet the energy needs of U.S. citizens and solidify the nation as a global energy leader long into the future,” the press release said.
