060-7 Wyo. Code R. § 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.
Notes
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