Tuesday, January 16, 2007

Out of Sight, Under Fire Over Leases

Boy, another mis-managed dept. let corporate America bilk the taxpayers and once again we hear nothing about it on the news.
BB

By EDMUND L. ANDREWS
Published: January 16, 2007
WASHINGTON, Jan. 15 — Johnnie M. Burton, who runs the Interior Department’s troubled program to collect royalties on oil and gas pumped on public lands, is under attack and out of sight.

As director of the Minerals Management Service, Ms. Burton has faced widespread complaints from Congress for months that her agency is mismanaged, unaccountable and on the verge of losing billions of dollars owed by oil and gas companies that drill in the Gulf of Mexico.

On Thursday, the Interior Department’s inspector general is expected to tell the Senate Energy Committee that Ms. Burton either ignored or remained unacceptably blind to a leasing blunder that will, if left unchanged, let oil companies escape as much as $10 billion in royalties over the next five years.

0 Comments:

Post a Comment

<< Home