Another simple fact, only about 2% of the existing federal leases are actually in production, and the royalty payments on federal leases are a pittance compared to the profits- yes that is PROFITS, after all production costs. “Marketing” actually costs more, like with motion pictures, than production.
Another simple fact, only about 2% of the existing federal leases are actually in production, and the royalty payments on federal leases are a pittance compared to the profits- yes that is PROFITS, after all production costs. “Marketing” actually costs more, like with motion pictures, than production.