Brian Prest
bprest.bsky.social
Brian Prest
@bprest.bsky.social
Economist at Resources for the Future. Formerly Duke, NERA. Opinions my own.
Using the Dynamic Oil and Gas Market Analysis model, I estimate that these royalty cuts will lead to nearly $5 billion in losses to the federal government between 2026 and 2035, with growing annual losses averaging nearly $2 billion per year over 2036 to 2050 (see figure).
May 6, 2025 at 2:23 PM