WASHINGTON, June 22 -- The U.S. Department of the Interior's Bureau of Land Management issued the following press release:

The Department of the Interior today announced two coordinated regulatory actions aimed at modernizing federal onshore oil and gas policy, eliminating unnecessary administrative barriers, and strengthening the nation's long-term energy leadership. The proposals revise both the Bureau of Land Management's oil and gas leasing rule and the waste prevention rule, reinforcing the Trump administration's commitment to responsible development, lower energy costs for families, and the continued expansion of American Energy Dominance.

These rules will advance two key changes for oil and gas development. First, the Department is...