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Amid rising oil & gas prices & reports of record oil industry profits, a number of gov'ts., such as the State of Alaska, have taken steps to reevaluate &, in some cases, increase the share of oil & gas revenues they receive for the rights to develop oil & gas on their lands & waters. In FY 2006, oil & gas co. received over $77 billion from the sale of oil & gas produced from fed. lands & waters, & the Dept. of the Interior reported that these co. paid the fed. gov¿t. $10 billion in oil & gas royalties. This report documents the U.S. gov¿ts. take & implications assoc. with increasing royalty rates. It discusses: the U.S. gov¿ts. take relative to that of other gov¿t. resource owners; & the potential revenue implications of raising royalty rates on fed. oil & gas leases going forward. Illus.
In the low-interest rate environment we currently find ourselves in these days, just putting your hard-earned dollars into a simple savings account at your local bank just wont cut it anymore, if it ever did. The time has come to broaden our horizons a bit and consider ways we have to grow our savings and have our nest egg work for us. The plan is to explore our options and construct an investment strategy that is tailor-made for each individuals situation and tolerance. A plan that will provide us with a growing income stream that will allow us to provide for ourselves and our loved ones for life while allowing us to rest easy at night. This book is a blueprint outlining the good and the not-so-good options we all have in an easy-to-understand reference guide you can turn to anytime. We all should have a work ethic in our profession. A good days work for a good days pay. Inside, we expand on that ethic. The pay earned for a good days work will now work for me.