For mineral owners wondering why their recent royalty checks were so low, this was the note I sent to some interested readers:
If you want to see why our recent checks were so low, here are the oil prices for Bakken oil as reported by the State of North Dakota -- these numbers came out today:
- today: $33
- July: $31.75
- June: $32.35
- May: $7.92 -- no typographical error.