Further to the above...this is a partial quote of an "update" that
has just been added to this site:
The Oil and Gas Journal for 28 October 96 cites a lobbyist for a major
company saying "...a sleeper issue that could explode...", but the big
companies are adopting a wait-and-see attitude. Hell, it's always worked
before for 40 years or so!!
New info from Texas: Texas Land Office suing nine companies on
underpaid royalties from school lands;
Other suits filed: Class action in Houston x 35 firms for undervaluing
crude and anti-trust violations;
Alabama - five counties suing oil companies for underpayment of related
severence taxes; State investigating too; plus a private royalty owners
class action suit.
Alaska has recovered only $3.7 million (of the half billion they
agreed to settle on??) says O&G Journal
Colorado producer filed class action against 67 gas pipelines for $6
billion in gas underpayments.
Florida royalty owners filed class action against Exxon.
Louisiana sued 45 producers for underpaid severance taxes. A global
settlement brought in $250 million from Texaco, plus $900,000 from four
other firms. LA is auditing 8 more firms.
New Mexico settled with Texaco for $4 million in unpaid royalties
and is
auditing 8 other firms for underpaid severance taxes.
The Project on Government Oversight <http://www.mnsinc.com/pogo>
reports Mississippi, Montana, Oklahoma, Wyoming and three Indian tribes are
examining royalty and severence tax issues.
Ayatohihi...
First Nations/First Peoples Issues (4 Star Magellan site)
Wounded Knee Home Page
American Indian Movement
<http://www.dickshovel.com>
PGP public key available upon request...