060-7 Wyo. Code R. § 7-3

Current through April 27, 2019
Section 7-3 - General Policy

(a) The Board shall dispose of royalty oil and gas in a manner as shall, in the judgment of the Board, inure to the greatest benefit of the state land trust beneficiaries.

(b) The Board may dispose of royalty oil and gas, pursuant to this chapter, to eligible refiners, responsible bidders, and qualified marketers at no less than the market price.

(c) Royalty oil sales to eligible refiners is intended as a temporary measure to allow crude stock-deficient Wyoming refiners to continue to operate within the state, where no other sources of crude stocks are available to them at market prices.

060-7 Wyo. Code R. § 7-3