Newsflash:
Rob Zerban Rep. Raul Grijalva Grijalva, Udall Highlight Taxpayer Losses, Lack of Needed Data Revealed in New Oil and Mining Report
Wednesday, 12 December 2012 18:30

Grijalva, Udall Highlight Taxpayer Losses, Lack of Needed Data Revealed in New Oil and Mining Report

Written by  Rep. Raul Grijalva | Press Release

Washington, D.C. – A report released this morning by the Government Accountability Office (GAO), originally requested by Rep. Raúl M. Grijalva (D-Ariz.) and Sen. Tom Udall (D-N.M.), highlights billions of dollars in lost public royalty revenue from oil and gas extraction on federal lands and describes glaring shortfalls in the data publicly available on hardrock mineral extraction on those lands.

The report examined available data on minerals extracted from land administered by the Department of Interior, which includes 700 million acres of federal land, 57 million acres of Indian lands, and 1.8 billion acres below offshore water.

 The first section of the report details the value of minerals – including oil, natural gas, and coal – subject to lease and administered by the federal Office of Natural Resource Revenue. Although royalties are paid on these minerals, the report details a discrepancy between the amounts actually paid in royalties – which GAO calls the effective royalty rate – and the rates set out in existing law.

The report also concludes that that there is no available data on the amounts, types or values of so-called locatable minerals – such as gold, silver, copper and uranium – that are mined from federal lands each year. The 1872 Minig Law, which still governs hardrock mineral extraction, provides no royalties for the public even for multi-billion-dollar mining operations conducted on federal land. Mining companies are not required to disclose how much they extract, where such minerals are sold or what the overall value of each mining operation is.

The full report is available at http://1.usa.gov/UScbwM. The original request from Grijalva and Udall is reviewable at http://1.usa.gov/R4NGuK.

“We’ve been hearing from conservatives that we need fewer hours at national parks, less reclamation of valuable lands, fewer services for park visitors and a whole gamut of supposedly necessary cutbacks,” said Grijalva, the ranking member on the House Subcommittee on National Parks, Forests and Public Lands. “Well, now we know we’ve been leaving a huge pot of money on the table that could change all that. There’s no reason to keep these extraction and royalty laws out of date. At the very least we need disclosure so American taxpayers know what is being taken from their lands. Keeping the public and Congress in the dark any longer about what’s going on with federal property doesn’t serve any public purpose, and it should end. 

“This report confirms what we've been saying all along – that we need to reform the mining law of 1872," Udall said. "Hardrock minerals are natural resources that belong to the American people, and we need to make sure we are getting the best return on what should be an investment – not a giveaway.”

Grijalva is a cosponsor of H.R. 3446, formally known as the Fair Payment for Energy and Mineral Production on Public Lands Act, which would set a 12.5 percent royalty rate on hardrock minerals. He has said he looks forward to supporting and strengthening an updated version in the upcoming Congress.

“There’s a simple legislative fix for this big hole in the federal government’s revenue stream, and it’s only fair that companies benefiting from access to public lands pay their fair share,” he said. “The Department of Interior should continue to implement the Extractive Industries Transparency Initiative and Congress should make sure disclosure a priority, and then we can talk about how to make sure the American people financially benefit from the sale of public minerals the way they should have been all along.”

"I hope this report can be a catalyst for discussion about reform, but at a minimum it shows we need better disclosure on extraction of our natural resources, "Udall said. "Both parties want to solve our economic challenges and make government more efficient for the taxpayers – here's an opportunity to do both. We should be able come together on this issue, and I look forward to making that case to my colleagues in the next Congress."  

The Obama administration has included mining royalty rate reform in the last two budget requests.

#   #   #

Read 3031 times

ERA Legislation in your State

Unratified states Gold - Ratified States Purple

Latest News from the Zerban Campaign

  • Meet the Man Who's Trying to Force Paul Ryan to Look for a Real Job
    Meet the Man Who's Trying to Force Paul Ryan to Look for a Real Job

    Once again, Koch brothers cash will face off against a people-powered campaign in Wisconsin this November. The race is for a House seat in the first Congressional District, a seat now held by Paul Ryan. His challenger – the first serious challenge he's faced in 14 years in Congress – is Rob Zerban, a restaurateur and County Commissioner.

    Written on Sunday, 02 September 2012 17:49 Read more...
  • The Real Cost of the Ryan Budget
    The Real Cost of the Ryan Budget

    Everywhere I go during my campaign — parades, farmers markets, even the local deli — I keep hearing the same thing from Wisconsin voters. “We need real representation,” they tell me, “representation that’s focused on the people and what we need.”

    Written on Thursday, 09 August 2012 19:51 Read more...
  • Zerban Submits 230% of Required Nomination Signatures Today
    Zerban Submits 230% of Required Nomination Signatures Today

    "The message is clear: Paul Ryan must be held accountable for his 14 years of failed decisions"

    Written on Saturday, 02 June 2012 01:34 Read more...
  • A Man Who Looks Paul Ryan's Storm Dead in the Eye
    A Man Who Looks Paul Ryan's Storm Dead in the Eye

    "He had a minor in economics," Rob Zerban says of his opponent. "What experience does he have to say that he's the great budget oracle?" "The people of the First District can see where that budget impacts their lives. Their bridges start to crumble. We've got 16 bridges on federal highways alone in the district that have been declared structurally deficientm and that doesn't include county and local municipal bridges.

    Written on Friday, 27 April 2012 01:52 Read more...
  • Rob Zerban Has My Vote in 2012
    Rob Zerban Has My Vote in 2012

    Typically during an election cycle, it often comes down to voting for the lesser of two evils. You choose the one who supports the issues most meaningful to you – or at least doesn’t outright defy them. It can be difficult to encounter a candidate who personifies the conviction and integrity you would imagine only in a perfect political world.

    Written on Sunday, 15 April 2012 18:11 Read more...
  • Rob Zerban Statement on Paul Ryan’s FY2013 “Path to Poverty”
    Rob Zerban Statement on Paul Ryan’s FY2013 “Path to Poverty”

    Today, Rob Zerban, Democratic Congressional challenger to Congressman Paul Ryan, released the following statement in response to the introduction of Paul Ryan’s FY2013 “Path to Poverty” budget.

    “In yet another misguided handout to Wall Street at the expense of Main Street, Congressman Paul Ryan today introduced his latest budget plan, designed to place the blame for his 14 years of poor decisions squarely on the backs of our hardworking families.

    Written on Sunday, 15 April 2012 18:07 Read more...
  • WI-01 Rob Zerban Campaign Kickoff Tour Highlights
    WI-01 Rob Zerban Campaign Kickoff Tour Highlights

    When I began this campaign, I made a commitment to serve as a voice of the people- not of corporations.

    I have been putting that into action. In the last few weeks, I have been working overtime to kickoff my campaign with rallies across the district.

    Written on Monday, 12 March 2012 00:00 Read more...
  • John Nichols: How Rob Zerban forced Paul Ryan to defend Internet freedom

    The American Civil Liberties Union, Free Press and the Save the Internet campaign have made it clear that the Stop Online Piracy Act poses a genuine threat to human rights advocacy and whistleblowing on the Web.

    Written on Tuesday, 17 January 2012 00:00 Read more...

Sign the ERA Petition

ERADemandButton

On Friday, September 12th more than 150 activists will go to DC and Demand that their Senators and Representatives support removing the ratification deadline from the ERA (SJ Res 15 and HJ Res 113)

Button-SignERAPetition

Sign the Petition - Sen. Sanders Run as a Democrat in 2016

Button-SandersPetition

Lori Wallach on the TPP from PDA Progressive Roundtable

Progressive Roundtable with Reps. Ellison and Pocan and Lori Wallach on TPP

TPP: The Biggest Threat to the Internet You've Probably Never Heard Of