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Follow on Google News | Mineral Owner's Organization Invited to Give Congressional Testimony“NARO submitted written comments on the proposed rulemaking on April 4as we are concerned about the right and abilityof those private minerals that underlie some of the refuges to be developed if the owners wanted that to happen. We are also concerned that surface access across some refuges may be necessary to allow for private mineral property development. NARO will also address permitting, financial assurance and fee structure in its oral testimony,” said Jerry Simmons, NARO Executive Director. “We want to be sure the rights of these private property owners are taken into consideration,” NARO was founded in 1980 as a non-profit support and education organization for mineral owners. Today NARO has 10 US Chapters, including Oklahoma, Texas, Arkansas, Louisiana, New York “The Rockies” (consisting of Montana, Wyoming, Utah, Colorado and New Mexico), “Appalachia” “The demographic of our membership might surprise some people. There is a misconception that ‘Big Oil Fat Cats’ are the only ones benefitting from oil and gas development in our country. Just the rich getting richer. However, the average NARO member is a 60 year old widow who makes less than $500 a month in royalties. For this average member that money is very important. Our main effort is to help educate our members about how to best manage their minerals and work with industry to have a productive partnership that is a win/win. However it is also very important that these people have a voice in Washington and at the state level so that our government is aware that they exist and have property rights they are interested in protecting,” “About seventy percent of the minerals in the US are privately owned. We are the only country where that is true, except for a small piece of Canada,” Simmons said. Is it estimated that there are 8.5 to 12 million royalty owners in the US. We work for them everyday to be sure they are being heard and considered when decisions are being made and new laws are being voted on. We are proud to have the opportunity to speak on their behalf in this Congressional hearing,” said Simmons For more information about NARO, visit their website www.naro-us.org End
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