Scott Tipton on oil and gas fundsJanuary 16, 2014
Late last year, the Department of the Interior made permanent a two percent administrative fee, charged to states that receive Federal oil and gas royalties. In Colorado, that could mean up to a three million dollar loss in annual funds.
Congressman Scott Tipton introduced a bill to counter that fee last May and hopes to see it through to a Presidential signature this year. KDNK's Amy Hadden Marsh recently spoke with the congressman about the Federal OIl and Gas Leasing program and his take on energy production in the West.