New Royalty Valuation Methods Attack Responsible Energy Production on Federal and Tribal Lands
June 30, 2016
June 30, 2016
WASHINGTON, June 30 -- The House Natural Resources Committee issued the following news release:
Today, the U.S. Department of the Interior Office of Natural Resources Revenue (ONRR) released a final regulation on valuating royalties from oil, natural gas and coal produced on federal and tribal lands. Chairman Rob Bishop (R-UT) issued the following statement:
"Don't be fooled. This rule is not about 'protecting taxpayers'. It's a costly attack on energy developm . . .
Today, the U.S. Department of the Interior Office of Natural Resources Revenue (ONRR) released a final regulation on valuating royalties from oil, natural gas and coal produced on federal and tribal lands. Chairman Rob Bishop (R-UT) issued the following statement:
"Don't be fooled. This rule is not about 'protecting taxpayers'. It's a costly attack on energy developm . . .