Fed's gas leasing program under scrutiny from Government Accountability OfficeJanuary 8, 2014
The Government Accountability Office released a report in late last year, criticizing the way the Department of Interior has been handling its oil and gas leasing program both on and off-shore.
The report is a follow-up to earlier GAO investigations,which found that the US government has one of the lowest rates of return on oil and gas leases, and that DOI has not evaluated the oil and gas revenue system for more than 25 years.
DOI has taken steps to improve the program. But, it's still on a list of programs that are at high risk of fraud, abuse, waste, or mismanagement.
KDNK's Amy Hadden Marsh spoke with Frank Rusco, GAO's director of natural resources and environment, about the list and why DOI is on it.