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Issues Surrounding Continuation of the Noncompetitive Oil and Gas Lottery System

机译：非竞争性油气彩票系统周边延续问题

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The Bureau of Land Management is responsible for the leasing of oil and gas mineral rights on over 300 million acres of public lands. Under the Mineral Leasing Act of 1920, lands with known oil and gas deposits are leased competitively. However, much more federal land is leased through a noncompetitive lottery system, which generates substantial receipts for the federal Treasury--about $250 million in filing fees for the 5-year period 1980-1984. The lottery system has been criticized since its 1959 inception for encouraging fraud, misleading the public, and generating insufficient revenues. On October 12, 1983, the program was suspended for 10 months because of recognized weaknesses in the system. This report highlights major issues surrounding the lottery program.

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年度 1985
页码 1-57
总页数 57
原文格式 PDF
正文语种 eng
中图分类工业技术;
关键词
Leasing; Oil fields; Gas fields; Management; Fees; Public land;

机译：租赁;油田;气田;管理;费用;公共土地;

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Issues Surrounding Continuation of the Noncompetitive Oil and Gas Lottery System

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