Search Results for citation:"90 FR 5718"

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Search Results: citation:"90 FR 5718"

  • Type:Rule
    Citation:90 FR 5718
    Reading Time:about 9 minutes

    The Bureau of Land Management (BLM) has issued a final rule to adjust civil monetary penalties for onshore oil and gas operations and coal trespass due to inflation. This update, effective January 17, 2025, follows the requirements of the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The rule does not allow for public comment due to its non-discretionary nature, and it outlines increases in specific monetary penalties to maintain their deterrent effect. The adjustments are calculated using a multiplier based on the change in the Consumer Price Index from October 2023 to October 2024.

    Simple Explanation

    The government is changing the fines that bad guys have to pay if they're caught breaking rules when digging for oil, gas, or coal because things cost more now. They did the math to make sure the fines still scare the bad guys away, sort of like how a teacher might update the classroom rules to keep kids from causing trouble.