25 C.F.R. § 226.12

Government reserves right to purchase oil.

Last amended: 2016Year: 2025Length: 39 wordsOfficial source

Cite as 25 C.F.R. § 226.12 (2025)

Any of the executive departments of the U.S. Government shall have the option to purchase all or any part of the oil produced from any lease at not less than the highest posted price as defined in § 226.11.
Cross-references to the CFR
226.11.
25 C.F.R. § 226.12: Government reserves right to purchase oil. | Justis AI