Daines Calls for Extended Review of New Federal and Indian Coal, Oil and Gas Valuation Regs
WASHINGTON, D.C. – Senator Steve Daines has called on the Department of Interior to allow the state of Montana, Montana tribes, union members and business owners more time to provide input on the Office of Natural Resource Revenue’s proposed rule to reform royalty valuation for coal, oil and gas. Daines led more than a dozen Senate and House members in calling on Interior Secretary Sally Jewell to extend the comment deadline, as the proposed rule could have serious adverse impacts on domestic energy production and create uncertainty in the value of coal royalties that Montana and other states depend upon.