US panel weighs change on royalties for gas from public land

LAKEWOOD, Colo. (AP) — A Trump administration committee is meeting in Colorado to consider a change in the way energy companies calculate how much money they owe for extracting and selling publicly owned natural gas.

The U.S. Interior Department’s Royalty Policy Committee will meet in suburban Denver Thursday.

Interior Secretary Ryan Zinke formed the panel to recommend ways to remove barriers to getting coal, oil and gas from public land while ensuring taxpayers get fair prices.

Supporters say changing royalty payments calculations would standardize and simplify the process.

Opponents say a loophole in the proposal could let energy companies decide how much to pay, and the public could get short-changed.

The committee will also consider a proposal to speed up the process drill permits on public land.

adwpadmin

adwpadmin

More News

STORMTRACKER 18 WEATHER
Osseo
53°
Menomonie
50°
Chetek
51°
Durand
Ladysmith
46°
Neillsville
46°
Rice Lake
49°
New Richmond
48°
Black River Falls
Medford
44°
River Falls
50°
Duluth
51°
Green Bay
49°
La Crosse
54°
Madison
47°
Milwaukee
50°
Twin Cities
58°
Weather Outlook: Slight warming trend continues before rain showers the midweek.

Weather Outlook: Slight warming trend continues before rain showers the midweek.

 Happy Fall! Saturday marks the first day of fall as the Fall Equinox takes place at 8:54PM. The Equinox happens

Connect With WQOW
Top Stories

Sex offender faces new charges in Eau Claire

A convicted sex offender living in Eau Claire is charged with two counts of first degree sexual assault of a

UPDATE: Middleton shooter was employee of business where he opened fire

The Middlelton Police department sent a phone message to residents about an active shooter.

UPDATE: 4 from Loyal, including 3 kids, killed in Apostle Island kayak incident

Sheriff Michael Brennan said Erik Fryman, 39, and his kids 3, 6 and 9-years-old died. The mom, Cari Mews, 29,

NEW: Missing Mondovi man found dead Wednesday afternoon

According to Mondovi Police Chief Colin Severson, the department is looking or Nathan D. Kummer who was reported missing by

UPDATE: Gas leak contained in Boyd

Boyd's fire chief told News 18 crews were digging up a leaking water line at Double D's Saloon and workers

Scroll to top
Skip to content