This example is for a 640 acre property leased at $12,160, which the oil company claims was an artificially inflated price because a conservation group was bidding.
That seems like a ludicrously small dollar figure. My guess that that the state is leasing the land cheaply, then making up for that with severance taxes on the extracted fossil fuels and minerals. Conservation groups would not generate those severance taxes.
“No! We hate free money that doesn’t even extract resources!”
-Wyoming’s stupid ass
This example is for a 640 acre property leased at $12,160, which the oil company claims was an artificially inflated price because a conservation group was bidding.
That seems like a ludicrously small dollar figure. My guess that that the state is leasing the land cheaply, then making up for that with severance taxes on the extracted fossil fuels and minerals. Conservation groups would not generate those severance taxes.