Legacy energy source. Senator udall of new mexico and i have an amendment that will close a loophole in federal Energy Policy. I want my colleagues to know, and i think they do, of my long support for renewable and alternative sources of energy and so i agree with the aims of the murkowskimachin murkowskiy bill. The amendment that senator udall and i have introduced is the same as the bipartisan bill we introduced last week. The title of that bill is the fair return for public lands act. Mr. Grassley this bill was introduced 100 years to the date of the mineral leasing act of 1920. This amendment would increase the royalty rates on federal lands from 12. 5 to 18. 75 . Everybody here knows that a royalty is what the oil company will pay to a mineral owner. In this case the mineral owner is the american taxpayer, and that royalty is paid for the right to extract oil and natural gas from the lands of the United States. The legislation modernizes the public lands leasing system and it does
THEMAC Resources Group Limited has appointed David Thomas as executive vice-president of operations and development. Mr. Thomas will lead the Copper Flats Project through its critical phases,.
The New Mexico Supreme Court has denied a petition for writ of certiorari seeking review of the State Court of Appeals decision affirming the decision of the New Mexico Water Quality Control. | October 19, 2022