Establishing Oil Value for Royalty Due on
Federal Leases
(64 FR 73820--December 30, 1999) |
Summary: The
Minerals Management Service is proposing further changes to its
proposed rulemaking regarding the valuation, for royalty
purposes, of crude oil produced from Federal leases. MMS is
proposing to: eliminate MMS-published differentials; change the
way that actual costs of transportation are calculated; change
the definition of "affiliate" because of a judicial decision in
a case decided after the close of the most recent comment
period; issue binding value determinations; and add specific
regulatory language regarding the issue of "second guessing" a
sale under an arm's-length contract. These amendments are
intended to simplify and improve the proposed rule.
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Submitted on
behalf of...... (142KB)
Alaska Wilderness League,
American Federation of Government Employees
American Federation of State, County & Municipal Employees (AFSCME),
American Lands Alliance, American Oceans Campaign,
American Rivers, Better Government Association,
Common Cause, Consumer Federation of America,
Council of Chief State School Officers, Friends of the Earth,
Government Accountability Project, Greenpeace, Mineral Policy Center,
Native American Rights Fund, Natural Resources Defense Council,
Navajo Nation, Ozone Action, Project On Government Oversight,
Public Citizen Critical Mass Energy Project,
Public Employees for Environmental Responsibility
Service Employees International Union,
Taxpayers for Common Sense, U.S. PIRG
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Volume 1 &
Volume II, and Appendices A (525KB)
Appendices B, C, D, and E (321KB)
Comments of the American Petroleum Institute,
Independent Petroleum Association of America,
Domestic Petroleum Council,
U.S. Oil & Gas Association,
Independent Petroleum Association of Mountain States,
Western States Petroleum Association, and
California Independent Producers Association
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Barents
Group, LLC (1401KB) (Part 1)
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(Part 2)
Appendix (341KB)
On behalf of:
Independent Petroleum Association of America,
Independent Petroleum Association of Mountain States,
Chevron U.S.A. Inc., Conoco Inc., Marathon Oil Company, Oxy USA Inc.
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Texaco
Inc. (1681KB)
On behalf of itself and its affiliates including
Texaco Exploration & Production Inc.
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are in Adobe
Acrobat's .pdf (portable document file format).