US hawks royalty-in-kind crude

The US Interior Department said today it had sold almost 8.6 million barrels of crude oil the government collects from energy companies as royalties for drilling in federal offshore waters.

Cash on the barrelhead: for royalties-in-kind oil paid to the US government
Cash on the barrelhead: for royalties-in-kind oil paid to the US government
Published 21 August 2006, 16:17Updated 27 June 2012, 10:41
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