Oil and gas royalties have been all the news this week. First, the coveted Pulitzer Prize for public service went to a small Virginia paper, the Bristol Herald Courier. It’s the sort of story which reminds us why it is essential that small local newspapers not go the way of the dodo. Its eight-segment series dissected […]
Today the Senate Energy and Natural Resources Committee voted for an amendment, as part of a comprehensive energy bill, which would give the Secretary of the Interior Department flexibility in suspending mandatory royalty payments to companies for the production of oil and gas. The incentives, originally part of the 2005 Energy Bill, allow oil companies […]