Thursday, June 20, 2013

Federal Government Charges Lower Royalties Than Many States For Oil And Gas Drilling, Taxpayers Lose Out

Federal Government Charges Lower Royalties Than Many States For Oil And Gas Drilling, Taxpayers Lose Out: A report released today by the Center for Western Priorities shows that taxpayers are potentially losing hundreds of millions of dollars from low royalty rates for oil and gas drilling on public lands. And, as seen in the graph above, many states charge a higher royalty rate than the federal government for drilling on their [...]/p

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