Rule published on Jan. 15 by Interior Department

The US Interior Department published a one page rule on Jan. 15, according to the U.S. Government Publishing Office.

The rule is focused on Relief or Reduction in Royalty Rates-Deep Water Royalty Relief for OCS Oil and Gas Leases Issued After 2000.

The Department oversees more than 500 million acres of land. Downsizing the Federal Government, a project aimed at lowering taxes and boosting federal efficiency, said the department has contributed to a growing water crisis and holds many lands which could be better managed.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Interior Department on Jan. 15