Standard Lithium Receives Approval for Royalty Rate from State Oil and Gas Commission
Standard Lithium gets royalty rate greenlight from state Oil and Gas Commission A state regulatory panel sided with Standard Lithium over a group representing south Arkansas landowners at a hearing in Magnolia on Wednesday, voting unanimously to set a 2.5% royalty rate for mineral rights owners — much lower than the 12.5% rate the landowners […]
Texas Receives $27 Billion Windfall from Oil and Gas Revenue
Texas’ coffers get $27 billion boost from oil, gas Deep in the heart of Texas, old-fashioned oil and gas still pays the bills in a major way, even as the state’s economy diversifies into other activities. As the U.S. churned out record levels of fossil fuels in 2024, the Lone Star State’s oil and gas […]