Who owns natural resources in the U.S.?
What laws and regulations govern natural resource extraction in the U.S.?
The legislative branch has passed many laws governing natural resource extraction on federal lands.
The government reforms laws and regulations by enacting new legislation and proposing new rules for implementation.
State agencies create regulations and rules about natural resource extraction. Local government agencies also play a role.
How do natural resources result in federal revenue?
Learn about production
Oil and gas (or natural gas) are fossil fuels that form underground on land and under the ocean. In 2014, the U.S. produced more petroleum and natural gas than any other country.
Miners extract coal through surface and subsurface mining. In 2014, the U.S. was the world’s second largest coal producer after China.
Gold, copper, and iron are the main sources of nonenergy mineral revenues. In 2013, U.S. metal production totaled $32 billion.
Learn how revenues work
See federal non-tax revenues from natural resource extraction on federal land in 2016 by commodity, revenue type, and company.
Corporations pay income taxes to the IRS, but the IRS cannot release confidental data about the amounts of individual payments.
This program uses fees from present-day coal mining companies to reclaim coal mines abandoned before 1977.
How does the U.S. ensure accuracy and accountability in natural resource revenues?
Data about revenue from the extractive industries is subject to a number of controls, standards, and regulations.