Tag Archives: royalties

Millions May Be Returned To NW Colorado

Senator Michael Bennet sent a letter to Interior secretary Ryan Zinke this week, asking that millions of dollars in unpaid royalties be returned to Northwest Colorado. At issue is $76 million in natural gas drilling royalties which were being held for clean up and restoration of the Naval Oil Shale Reserve. However, according to the letter, the Interior department certified that in 2008, the money was no longer needed for this purpose. Bennet believes the money has been owed to the Continue reading

Wyoming Coal Royalties Going Down?

Wyoming is considering dropping the royalty rates paid by coal companies, to bring them in line with those paid by the oil and gas industry. A bill introduced in the State’s House of Representatives this week, would reduce the severance Continue reading

Senate Considers Imposing New Mine Royalties

MICHAEL-BENNETColorado U.S. Senator Michael Bennet along with Senators Tom Udall (D-NM) and Martin Heinrich (D-NM) and Representative Ben Ray Luján (D-NM) are introducing a bill to reform antiquated hardrock mining laws. On the three-month anniversary of the Gold King Mine spill, the senators are introducing the Hardrock Continue reading