“The administration now is trying to trim these payments under the guise of sequestration, saying that these royalties are subject to across the board spending cuts at the federal level.”
Funny how that doesn’t apply that to the Obamas.
Good chance 0 is still getting profits from wells in Kansas Why would he want to encourage his competition
We did some research a while back. Profit from mineral rights would jive with schedule E of taxes
Here’s what we found
http://www.freerepublic.com/focus/f-news/2930400/posts