Murkowski: Raising Royalties Will Reduce Production on Federal Lands
WASHINGTON, D.C. – U.S. Sen. Lisa Murkowski, R-Alaska, today questioned Interior Secretary Ken Salazar about his plan to raise royalty rates for oil development on public land from 12.5 percent to 18.75 percent. The senator’s questions came during a hearing of the Senate Appropriations Interior Subcommittee.