The recent NARO Blog at National Association of Royalty Owners - Depletion Allowance Testimony May 6th, 2021 is concerning. Any further information is appreciated. Should mineral owners talk to our representatives? Is this and the cancellation of the XL Pipeline driving mineral ownership offers lower? With over 8,440,755 royalty owners is there anything we can do. Thanks for the information.
There is a thread on this topic under the NARO group -
https://www.mineralrightsforum.com/t/biden-wants-to-eliminate-percentage-depletion-allowance/61726
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