Appeals Court Spurns Latest Attack On Obama Oil & Gas Royalty Rule

A federal appeals court has rejected the oil and gas sector’s latest challenge to Obama-era regulations that effectively increased the value for royalty purposes of extracted oil and gas from federal lands and waters, affirming a prior district court ruling that the rules were not arbitrary. The Aug. 25 decision by the U.S. Court of Appeals for the 10th Circuit in American Petroleum Institute (API) v. Department of Interior (DOI) is separate from a proposed DOI rule to implement...