Buying the right to drill on government land, if oil is found, royalty still have be paid to state and fed, plus taxes to all.
This snake of a government, negotiate a increase in carbon tax per ton on the production side with the promise to execute leasing obligation as clearly stated in the law (one of those "shall" not "may" kinda laws).
Looks like they lied, doubt they'll recind the increase in carbon tax.
Api. (American petroleum institute) had great inside coverage of this. I worked in the oil patch for 18 years.
This will get you started
https://www.api.org/news-policy-and-issues/news#sort=%40z95xdate%20descending
Buying the right to drill on government land, if oil is found, royalty still have be paid to state and fed, plus taxes to all.
This snake of a government, negotiate a increase in carbon tax per ton on the production side with the promise to execute leasing obligation as clearly stated in the law (one of those "shall" not "may" kinda laws).
Looks like they lied, doubt they'll recind the increase in carbon tax.
Api. (American petroleum institute) had great inside coverage of this, I'll come back an post the linc. My phone only assess and it's only half smart. I worked in the oil patch for 18 years.
This will get you started
https://www.api.org/news-policy-and-issues/news#sort=%40z95xdate%20descending
Buying the right to drill on government land, if oil is found, royalty still have be paid to state and fed, plus taxes to all.
This snake of a government, negotiate a increase in carbon tax per ton on the production side with the promise to execute leasing obligation as clearly stated in the law (one of those "shall" not "may" kinda laws).
Looks like they lied, doubt they'll recind the increase in carbon tax.
Api. (American petroleum institute) had great inside coverage of this, I'll come back an post the linc. My phone only assess and it's only half smart. I worked in the oil patch for 18 years.