Political Quotes

Jack Reed: “Even though our budget was based upon an assumption that an increase of royalties would go to 18.75 percent for both oil…”

On the recordFebruary 28, 2012
Even though our budget was based upon an assumption that an increase of royalties would go to 18.75 percent for both oil and natural gas, let me just reassure the members of this subcommittee that that decision has not been reached.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reassuring that no decision on royalty increases has been made yet.

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