To: thackney
Do you know who owns what in Ak as to mineral rights? I'm referring to state owned versus federal owned properties. Doesn't the Feds own almost 70% of the land in AK and I'd guess they own the rights to those minerals. Or did they cede the mineral rights to the state and only keep surface rights. If the feds still own their oil then how does the state tax apply to that oil? Do you have any knowledge of the situation? thanks.
33 posted on
04/01/2011 10:03:39 AM PDT by
deport
To: deport
The feds own the mineral rights to the federal lands.
The natives own the mineral rights to the native lands.
The state owns the mineral rights to the state and privately held lands.
Federal Government owns about 60% of Alaska. Natives own almost 12%.
http://dnr.alaska.gov/mlw/factsht/land_own.pdf
36 posted on
04/01/2011 10:09:44 AM PDT by
thackney
(life is fragile, handle with prayer (biblein90days.org))
To: deport
I forgot to add that although there are some taxes paid to the state will getting oil from federal land, not all state taxes apply and certainly not the royalties.
But very little Alaska oil is from federal today. A bit offshore is all I think.
ANWR is not open and NPRA has been delayed for permits for years even though leases were sold many years ago. More of those so called idle leases I suppose.
39 posted on
04/01/2011 2:52:43 PM PDT by
thackney
(life is fragile, handle with prayer (biblein90days.org))
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