Who Makes the Most From Oil and Gas Leases on Public Land?

RugersGR8 · Feb 9, 2012

Since Oklahoma is an oil production state, the fact that the government makes as much or more than the oil companies on oil/gas leases on public lands shouldn't be too much of a suprise.

http://www.powerlineblog.com/archiv...st-from-oil-and-gas-leases-on-public-land.php
Posted on February 7, 2012 by Steven Hayward in Energy Policy
Who Makes the Most From Oil and Gas Leases on Public Land?

Shadowrider · Feb 9, 2012

This article is spot on. That's why you don't see the DOI's report being reported on. It doesn't fit the agenda's talking points.

The “flexibility” the GAO recommended was thought necessary because of the high volatility of oil prices over the last decade. When the price swings up, oil companies tend to enjoy surging profits, but the government’s “take” from royalties don’t rise commensurately.

This is patently false and an utter lie. Either they are lying on purpose or they flunked 6th grade math. You figure out which.

RickN · Feb 9, 2012

They flunked 6th grade math, you can tell that by the shape the government is in.

Who Makes the Most From Oil and Gas Leases on Public Land?

RugersGR8

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RickN

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Who Makes the Most From Oil and Gas Leases on Public Land?

RugersGR8

Sharpshooter

Shadowrider

Sharpshooter

RickN

Eye Bleach Salesman

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