Interior Department worked behind the scenes with energy industry to reverse royalties rule
Source: The Washington Post
By Juliet Eilperin October 6 at 6:00 AM
Top Interior Department officials worked privately with energy industry representatives during the first weeks of the Trump administration to suspend a new accounting system that would have forced companies to pay millions of dollars more in royalties to the government, documents show.
The push to suspend the Obama-era rule, which is the subject of three federal lawsuits in Wyoming, took on a sense of urgency after an attorney for the coal company Cloud Peak Energy first suggested the move in late January. In email exchanges contained in more than 1,000 pages, obtained by the environmental group Natural Resources Defense Council under the Freedom of Information Act, top Interior officials raced to address industry concerns by halting a system that had just taken effect on Jan. 1.
Under Secretary Ryan Zinke, the department has launched a broad reassessment of what to charge firms extracting oil, natural gas, coal and other minerals from federal lands and waters, with an eye toward boosting domestic energy production. Interior on Wednesday held the inaugural meeting of a new Royalty Policy Committee, with Zinkes energy counselor, Vincent DeVito, saying President Trumps desire for energy dominance will help guide royalty rules as well as other aspects of department decision-making.
This committee has a job unlike any other in the past, DeVito said of the industry-heavy panel. It has an agenda and authorization to pursue energy development, he added.
Read more: https://www.washingtonpost.com/politics/interior-department-worked-behind-the-scenes-with-energy-industry-to-reverse-royalties-rule/2017/10/05/30e8d8ce-a92a-11e7-b3aa-c0e2e1d41e38_story.html
Nitram
(22,813 posts)by giving away the nation's assets and resources. No business ever did that.
vkkv
(3,384 posts)vkkv
(3,384 posts)Running the gov't like a business SHOULD MEAN letting the gov't make a decent PROFIT.
Not-so with these clowns.
TexasBushwhacker
(20,196 posts)Now they're going to mine them for FREE! FUCK THAT!
riversedge
(70,242 posts)TexasBushwhacker
(20,196 posts)That land belongs to the citizens of the United States. It's not theirs to sell and certainly not to give away. Then there's the environmental impact of the mining.