Spotlight: States Get Record $617.5 Million in U.S. Royalties
The U.S. government distributed a record $617.5 million in royalties to 36 states last year from mineral, oil and natural gas production. The money represents the states’ share of revenue collected by the Interior Department for mineral production on federal lands within states’ borders and from federal oil and gas tracts off their shorelines. California received $25.5 million in 1997, behind Wyoming ($227 million), New Mexico ($190.1 million) and Colorado ($43.7 million).
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