Problem
Under the Reagan administration, the Interior Department greatly increased the rate at which it leased offshore oil and gas. This had the effect of significantly reducing the prize. that the government received for these leases. (Though the teases air told by auction, on more than two-thirds of the tracts there was only a single bidder.) Discuss the distributional and efficiency consignees of this wait?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.