[Congressional Record Volume 143, Number 10 (Thursday, January 30, 1997)]
[Senate]
[Page S830]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
[[Page S830]]
ROYALTIES FROM CRUDE OIL
Mrs. BOXER. Mr. President, I want to brief the Senate on an issue
that is gaining steam in my home State of California, because, if it is
resolved, it will result in about $80 million going directly into the
school system in California to help the children there.
This issue involves the underestimation by oil companies of royalties
that they owe the Federal Government from crude oil that they have
pumped. They have underestimated these royalties and have been sent a
bill by the Department of the Interior, and they have not yet paid.
At this point the amount owed is $385 million. We expect it will go
up to $440 million.
Ten oil companies, the largest one being Shell, have been sent their
bills. Shell Oil's bill is over $100 million. Those funds will go to
the U.S. Treasury, and then a portion of those funds will go to the
States in which the oil was pumped. California is the place where most
of that oil comes from; and California will get between $75 and $80
million from the Federal Government when those funds are collected.
In California we have a law that the royalties all go to the State
Schools Fund. I really hate to see years of protracted litigation, Mr.
President, on this matter.
The oil companies are not cooperating. Many of them have refused the
subpoenas. They are disregarding the subpoenas sent to them. The
Justice Department is now involved. I hope that instead of being
deadbeat oil companies, they will pay up. If they feel they have a case
that the bills are too high, they can fight that out. They can try to
settle it. But they should at least cooperate and begin paying some of
what is owed.
Mr. President, I can tell you, the $75 to $80 million to California
schools would mean that we could hire an additional 1,000 teachers or
buy 40,000 computers. The children deserve that.
For Orange County alone the underpayments total more than $5 million;
for Los Angeles, $18 million; for San Diego, $5 million; for Fresno,
$2.25 million.
So I appeal to these oil companies, do right for our children, pay
what you owe. Be good citizens, cooperate in this investigation, make
some payments, work with us so that our children can get a better
education.
I hope the people of this country will write to the CEO of Shell,
will write to the CEO of Oryx, of Marathon, of Mobil and tell those
CEO's that we are all in this together and that when an individual
family gets a bill, when they do not pay it, they cannot stall, they
cannot afford to hire lawyers. If, in fact, the individual says,
``Well, I paid it,'' you know what you would do as a family member; you
would say, ``Here's my canceled check. I've paid this,'' or, ``Come and
look at this. This is a mistake.''
That is not what these oil companies are doing. Three of them
complied with the subpoenas, but five are fighting them. So I feel, Mr.
President, this is an issue that deserves attention.
I am very pleased that Cynthia Quarterman, the Director of the
Mineral Management Services, and Bob Armstrong are working on this
case. They are going forward to collect these sums. They have written a
new rule so that in the future there will not be any confusion about
what is owed.
So I look forward to a successful conclusion, and I really do think
if the people of this country and citizens of California write to these
oil companies, maybe we will see some of these payments.
Thank you very much, Mr. President. I yield the floor and suggest the
absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The bill clerk proceeded to call the roll.
Mr. GRAMM. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER (Ms. Collins). Without objection, it is so
ordered.
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