Wow, that's a great answer, thanks! How comes you know so much about this?
As a nearly full time user of BLM and FS lands (Big Bend is my sole NPS experience), it pays to know how they function and their history. I have been very involved in public meetings, especially the ones where fees rear their ugly heads. When you know as much as the employees, they can't buffalo you with BS.
at the time all the land was bought by individuals, the currency was backed up by resources in gold, wasn't it? So the more land was sold, the more gold would have to be on backup, wouldn't it?
The homesteading laws allowed persons who 'proved up' a claim (initially 160 acres, but various other laws raised that over time) could buy the land at the whopping cost of first $1.25 and acre and then $2.50....that's 125 and 250 PENNIES per acre. However, keep in mind the majority of land that was sold in this manner occurred before 1910.
That's another amazing thing. There must be quite a lot of commercial users of public land for that.
The principal revenue generator is oil & gas leases and then royalties from wells in production. Hundreds of millions of dollars a year in leases and $8 billion in royalties in 2005 (though royalties are collected by the Minerals Management Service (another Interior agency, but they collect on wells on public land so the initial source is BLM). Grazing brings in a little but is relatively insignificant since grazing fees are held artificially low by political meddling. A cow unit month on BLM typically brings in around $1.40 per month per cow...equivalent costs to lease private lands are in the $10 per cow per month range. Other sources are movie productions which increasingly are going to BLM land and, surprising to a lot of people, timber harvesting. BLM sells as much if not more timber than the USFS. Other minerals like sand/gravel/stone etc., are sold at fair market value.
Sounds good to me :)
And to the folks who use public land.