The government will now charge a fee to ask about drilling on public land
What happened
The Bureau of Land Management is changing its rules for how it handles requests to lease public land for drilling. It will now charge a fee for these requests, a change required by a new law.
Why it matters
Before this, anyone could express interest in drilling on public land for free. This new fee means that only serious bidders will likely make these requests. It adds a small, but real, cost to the very first step of accessing public resources.
The signal
Watch for how many expressions of interest are filed in the first year after the fee is implemented, compared to previous years.