Royalty accounting system within the US Geological Survey. Oversight Hearings before the Subcommittees on Mines and Mining and Oversight and Investigations of the Committee on Interior and Insular Affairs, House of Representatives, Ninety-Seventh Congress, First Session
Book
·
OSTI ID:5271430
Two days of hearings were spent examining the US Geological Survey's (USGS) difficulties in collecting mineral royalties on public lands and the rapidly growing loss of payments. The problem was identified in 1959, but sudden increases in the value of oil and gas reserves have made the financial consequences more serious. The 24 witnesses, speaking as individuals or on panels, discussed the role of theft and nonpayment by the oil companies, poor administration by USGS, and other factors contributing to the problem. Their testimony is followed by two appendices with additional material submitted for the record. (DCK)
- OSTI ID:
- 5271430
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
02 PETROLEUM
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290400 -- Energy Planning & Policy-- Energy Resources
294000* -- Energy Planning & Policy-- Fossil Fuels
ACCOUNTING
ENFORCEMENT
GEOLOGICAL SURVEYS
INCOME
INDUSTRY
MINERAL RESOURCES
PERFORMANCE
PETROLEUM INDUSTRY
RESOURCES
ROYALTIES
SURVEYS
THEFT
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290400 -- Energy Planning & Policy-- Energy Resources
294000* -- Energy Planning & Policy-- Fossil Fuels
ACCOUNTING
ENFORCEMENT
GEOLOGICAL SURVEYS
INCOME
INDUSTRY
MINERAL RESOURCES
PERFORMANCE
PETROLEUM INDUSTRY
RESOURCES
ROYALTIES
SURVEYS
THEFT