The Government Accountability Office (GAO) today released the following timely report and correspondence:
Oil and Gas Royalties: The Federal System for Collecting Oil and Gas Revenues Needs Comprehensive Reassessment.
GAO-08-691, September 3.
Highlights - http://www.gao.gov/highlights/d08691high.pdf
Mineral Revenues: Data Management Problems and Reliance on Self-Reported Data for Compliance Efforts Put MMS Royalty Collections at Risk.
GAO-08-893R, September 12.