Missoulian: GAO report shows royalties from hard-rock miningcould generate billions for U.S., if collected
“In summary, there were nearly 70 different types of
leasable minerals extracted from federal lands and waters in fiscal years 2010
and 2011, but their volume cannot be aggregated because they use different
units of measure. For example, the volumes of the four most valuable of these
minerals--oil, gas, natural gas liquids, and coal--are measured in barrels,
million cubic feet (mcf), gallons, and tons, respectively. According to ONRR
data, the total value of all leasable minerals extracted from federal and Indian
land and sold in fiscal years 2010 and 2011 was $92.3 billion and $98.6
billion, respectively.”
No comments:
Post a Comment