Oil and Gas Royalties: Litigation over Royalty Relief Could Cost the Federal Government Billions of Dollars
Description:
Correspondence issued by the Government Accountability Office with an abstract that begins "Oil and gas production from federal lands and waters is critical to meeting the nation's energy needs. This production provided about 31 percent of all oil and 29 percent of all natural gas produced in the United States in fiscal year 2007. Every five years, the federal government decides the areas in the offshore waters of the United States it will offer for leasing and establishes a schedule for indivi…
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Date:
June 5, 2008
Creator:
United States. Government Accountability Office.
Partner:
UNT Libraries Government Documents Department