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WASHINGTON (AP) - The U.S. is ending a program that let companies give the government in-kind payments -- not cash -- for oil and natural gas taken from federal land and waters. Full Article at KLTV
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Reporting from Washington - The Interior Department is ending a controversial program that was at the center of a sex and drug scandal in the federal Minerals Management Service, Interior Secretary Ken Salazar said Wednesday. Full Article at Los Angeles Times
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The Interior Department will scrap a scandal-plagued “royalty-in-kind” program that lets energy companies drilling on public land provide oil and gas to the federal government as payment, Interior Secretary Ken Salazar told a congressional committee... Full Article at CQ Politics
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The Interior Department said Wednesday it is ending a controversial program that allows companies to give the government in-kind payments instead of cash for oil and natural gas taken from federal land and waters. Full Article at Miami Herald
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WASHINGTON The Interior Department is ending the oil and gas royalty program that sparked a major scandal last year when it was revealed that federal employees had engaged in corruption, drug use and sexual misconduct with industry officials. Full Article at International Herald Tribune
Related Quotes
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The program is an effective means of ensuring that the American people receive fair compensation for development of federal resources ... Terminating this straightforward method of handling royalty payments runs the risk of raising administrative costs and adding additional layers of paperwork required ...
SOURCE: Houston Chronicle -
The royalty-in-kind program has been a blemish, in my view, on the department
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No one is defending what happened
SOURCE: Houston Chronicle -
The program is an effective means of ensuring that the American people receive fair compensation for development of federal resources
SOURCE: Houston Chronicle
