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federal royalty

Gov Mead trusts companies on coal royalty question

January 4, 2013 by Dustin Bleizeffer 2 Comments

Last month, a Reuters investigation suggested that Powder River Basin coal companies may be under-paying federal royalties — potentially hundreds of millions of dollars — by selling to sister companies overseas. Today, two top U.S. Senators from the Energy and Natural Resources Committee have directed the U.S. Interior Department to investigate the matter.

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