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AAPL FORM 671 OIL and GAS LEASE American Association of Landman

AAPL FORM 671 OIL and GAS LEASE American Association of Landman

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- For most people taking out a lease can be an uphill process. There's a credit check, a security deposit, and tough competition just to name a few. But for giant fossil fuel companies, taking out a lease is a totally different story. Oil, gas and coal companies are being awarded leases by the federal government for giant tracks of public lands at very cheap rates. Extracting fossil fuels permanently alters these lands. These operations require roads, toxic waste pits and industrial infrastructure. They consume enormous amounts of fresh water. The leases awarded in federal waters like the Gulf of Mexico. Offshore drilling has led to disastrous oil spills. All of this makes climate change worse. On average, the extraction and burning of fossil fuels from public lands and waters is responsible for nearly a quarter of all US carbon emissions. For all these problems in pollution, guess how much the leases cost? Our public lands are being leased to fossil fuel companies for as low a

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