Billions in Revenue From Oil & Gas Production Uncollected Due to Poor Government Oversight

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Uncollected revenue is like burning money.

As US politicians continue to cry for fiscal austerity and weaker industry oversight, keep this next one in mind: As New York Times reports the Department of Interior has done such a poor job keeping track of how much oil and natural gas has been produced from public lands that the people have lost billions of dollars in revenue…

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