More Money, Less Production if Royalties Raised: GAO

Oil, gas and coal production on public lands would likely dip if royalty rates were raised, but the federal government would still make more money, according to the Government Accountability Office.

[Another] coal study was from Mark Haggerty and Megan Lawson of Headwaters Economics and Montana State University’s Jason Pearcy.

The researchers examined an effective royalty rate, which would charge royalties after processing and transportation, and not at the mine mouth as is currently done.

GAO
Author:
Chris Mehl

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