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Trump Allows Oil, Gas, and Coal Companies to Cheat Americans out of Royalties – At Least Pending Litigation (Gold, Uranium and Other Hardrock Miner’s Don’t Pay Royalties for their Thefts from Public Lands)

Mining Awareness +

News release from the Sierra Club:
TRUMP ENDS RULE BLOCKING CORPORATE POLLUTERS FROM PAYING THEMSELVES
Interior Rule Prevented Fossil Fuel Companies From Selling Resources to Themselves
Friday, February 24, 2017
Contact: 
Jonathon Berman, (202) 297-7533, jonathon.berman@sierraclub.org
Washington, DC — Today, Donald Trump rescinded a Office of Natural Resource Revenue rule that prevented companies from selling fossil fuels extracted on public lands to a subsidiary at a low price, paying royalties on that initial sale, and then reselling the fuel at a far higher price without paying royalties on the second sale.

In response, Sierra Club Lands Protection program Director Athan Manuel released the following statement:
“It’s no surprise that someone with Donald Trump’s checkered business history would rescind a rule preventing fossil fuel companies from ripping off the American people. Donald Trump should represent the people, and as such, should conduct business that puts their interests first — not…

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February 26, 2017 - Posted by | Uncategorized

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