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Federal Oil Valuation Efforts To Revise Regulations And An Analysis Of Royalties In Kind
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Book Synopsis Federal Oil Valuation by : United States Accounting Office (GAO)
Download or read book Federal Oil Valuation written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Oil Valuation: Efforts to Revise Regulations and an Analysis of Royalties in Kind
Book Synopsis Federal Oil Valuation: Efforts to Revise Regulations and an Analysis of Royalties in Kind by :
Download or read book Federal Oil Valuation: Efforts to Revise Regulations and an Analysis of Royalties in Kind written by and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In fiscal year 1997, the Department of the Interior's Minerais Management Service (MMs) collected about $4.1 billion in royalties from oil and gas leases on federal lands. By law, the states in which these leases are located receive a share of the royalties, which are calculated as a percentage of the value of the oil or gas that is produced. The value of much of the oil from federal leases has been based on posted prices. However, recent evidence indicates that oil is often sold for more than the posted prices, suggesting that the value of the oil and federal royalties should both be higher. On the basis of this evidence, in 1995 MMS began revising its regulations for valuing oil from federal leases. In February 1998 MMS issued its most recent revision. The proposed regulations would reduce the use of posted prices to value much of the oil and would instead generally require that other, and often higher, prices be used. Although states that receive distributions of these royalties generally support the proposed regulations, oil industry representatives generally oppose them, believing that oil companies should not pay royalties on higher prices. As an alternative, the oil industry has suggested that MMS be required to accept, as the federal government's royalties, a percentage of the actual oil and gas produced from federal leases (known as royalties in kind), rather than cash. MMS would then sell this oil and gas to generate revenues. Legislation mandating that MMS accept federal oil and gas royalties in kind has been introduced in both the U.S. Senate and the House of Representatives. You asked us to address the following: (1) the information used by MMS to justify the need for revising its oil valuation regulations; (2) how MMS has addressed concerns expressed by the oil industry and states in developing these regulations; and (3) the feasibility of the federal government's taking its oil and gas royalties in kind.
Book Synopsis Federal Oil Valuation : Efforts to Revise Regulations and an Analysis of Royalties in Kind by : United States. General Accounting Office
Download or read book Federal Oil Valuation : Efforts to Revise Regulations and an Analysis of Royalties in Kind written by United States. General Accounting Office and published by . This book was released on 1998 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Oil Valuation by : Susan D. Kladiva
Download or read book Federal Oil Valuation written by Susan D. Kladiva and published by . This book was released on 1999 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rced-98-242 Federal Oil Valuation by : United States Accounting Office (GAO)
Download or read book Rced-98-242 Federal Oil Valuation written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: RCED-98-242 Federal Oil Valuation: Efforts to Revise Regulations and an Analysis of Royalties in Kind
Book Synopsis Federal Oil Valuation, Efforts to Revise Regulations and an Analysis of Royalties in Kind ... GAO by :
Download or read book Federal Oil Valuation, Efforts to Revise Regulations and an Analysis of Royalties in Kind ... GAO written by and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Research, Development, Production, and Regulation Publisher : ISBN 13 : Total Pages :88 pages Book Rating :4.:/5 (51 download)
Book Synopsis Proposed Oil Valuation Regulations by : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Research, Development, Production, and Regulation
Download or read book Proposed Oil Valuation Regulations written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Research, Development, Production, and Regulation and published by . This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology Publisher : ISBN 13 : Total Pages :202 pages Book Rating :4.:/5 (327 download)
Book Synopsis Oversight of the Minerals Management Service's Royalty Valuation Program by : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology
Download or read book Oversight of the Minerals Management Service's Royalty Valuation Program written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology and published by . This book was released on 2000 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Indexes for Abstracts of Reports and Testimony by :
Download or read book Indexes for Abstracts of Reports and Testimony written by and published by . This book was released on 1999 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Abstracts of Reports and Testimony by :
Download or read book Abstracts of Reports and Testimony written by and published by . This book was released on 1998 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis 106-1 Hearing: Oversight Of The Mineral Management Services Royalty Valuation Program, May 19, 1999 by :
Download or read book 106-1 Hearing: Oversight Of The Mineral Management Services Royalty Valuation Program, May 19, 1999 written by and published by Agriculture Department. This book was released on 2000 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Research, Development, Production, and Regulation Publisher : ISBN 13 : Total Pages :56 pages Book Rating :4.:/5 (51 download)
Book Synopsis Federal Royalty Certainty Act by : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Research, Development, Production, and Regulation
Download or read book Federal Royalty Certainty Act written by United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Research, Development, Production, and Regulation and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Register written by and published by . This book was released on 2013-08 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Mineral revenues a more systematic evaluation of the royaltyinkind pilots is needed : report to congressional requesters. by :
Download or read book Mineral revenues a more systematic evaluation of the royaltyinkind pilots is needed : report to congressional requesters. written by and published by DIANE Publishing. This book was released on with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources Publisher : ISBN 13 : Total Pages :476 pages Book Rating :4.0/5 ( download)
Book Synopsis Hearings on H.R. 3334, the Royalty Enhancement Act of 1998 by : United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources
Download or read book Hearings on H.R. 3334, the Royalty Enhancement Act of 1998 written by United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources and published by . This book was released on 1998 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mineral Revenues written by and published by . This book was released on 1995 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Appropriations. Subcommittee on Department of the Interior and Related Agencies Publisher : ISBN 13 : Total Pages :1370 pages Book Rating :4.0/5 (18 download)
Book Synopsis Department of the Interior and Related Agencies Appropriations for 1993: Justification of the budget estimates, Geological Survey by : United States. Congress. House. Committee on Appropriations. Subcommittee on Department of the Interior and Related Agencies
Download or read book Department of the Interior and Related Agencies Appropriations for 1993: Justification of the budget estimates, Geological Survey written by United States. Congress. House. Committee on Appropriations. Subcommittee on Department of the Interior and Related Agencies and published by . This book was released on 1992 with total page 1370 pages. Available in PDF, EPUB and Kindle. Book excerpt: