DWRRADeep Water Royalty Relief Act of 1995
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The DWRRA also authorized the Secretary of the Interior to provide royalty relief to promote oil and gas development or to increase production from leases in the Gulf of Mexico.
District Court for the Western District of Louisiana ruled in October 2007 that price thresholds do not apply to DWRRA leases, the federal government may have to refund over $1.
The DWRRA was a good example of sound energy policy that was very successful in establishing a reliable source of domestically produced energy.