Stay Connected

Energy bill tries to annul question on royalty relief

02/12/2007
The energy bill passed by the House Jan. 18 tries to annul a question at the core of the year-long, price-threshold controversy about deepwater royalty relief.Section 203 of the Clean Energy Act of 2007 “reaffirms” authority of the secretary of the interior to limit royalty relief when oil and gas prices are high.But in the Deepwater Royalty Relief Act of 1995, Congress appears to have said something quite different for deepwater Gulf of Mexico leases awarded in the 5 years following Nov. 28, 1995.The prevalent assumption in the controversy is that the Department of the Interior’s Minerals Management Service failed to insert price thresholds in deepwater leases granted i...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.