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Vol. 13, No. 38 Week of September 21, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


Are the revenues right?

GAO report urges assessment of royalties, taxes from federal oil and gas leases

Alan Bailey

Petroleum News

With the run-up of oil and gas prices during the past couple of years, the federal government may be falling short in the revenues that it collects from U.S. oil and gas leases? The U.S. Government Accountability Office, in a report issued Sept. 3, said instability in the nationís fiscal system for....

    [additional news subjects in this story]

Balance needed

Attractive targets

Need for review

MMS evaluates situation


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