25 C.F.R. § 227.14

Government reserves right to purchase oil and gas.

Last amended: 2016Year: 2025Length: 45 wordsOfficial source

Cite as 25 C.F.R. § 227.14 (2025)

In time of war or other public emergency any of the executive departments of the United States Government shall have the option to purchase at the posted market price on the date of sale all or any part of the minerals produced under any lease.
25 C.F.R. § 227.14: Government reserves right to purchase oil and gas. | Justis AI