Former Senator Mary Landrieu (D-LA), appeared before a House Natural Resources Subcommittee panel on October 11, 2017 to testify in favor of offshore drilling revenue sharing amongst coastal states.
Senator Landrieu, who served as Chair of the Senate Energy and Natural Resources Committee while she was in Congress, testified that coastal states adjacent to federal offshore oil and gas development experience the same effects as “hosts” of the federal activity and, therefore should be eligible for revenue sharing. Senator Landrieu was instrumental in passing the Gulf of Mexico Energy Security Act of 2006 (GOMESA) that provided for the first time limited revenue sharing with Texas, Mississippi, Alabama and Louisiana, off whose coasts virtually all of the federal offshore oil and gas development has occurred since 1950.
The concept of revenue sharing began with the Mineral Lands Leasing Act of 1920, the law that governs mineral development on federal lands. Revenue sharing was established to assist states with the social and economic impacts of “hosting” mineral development on federal lands in their states, including costs associated with medical services, schools, transportation and other services for workers involved in federal mineral development.
A video of the full hearing can be viewed below.
Or read Senator Landrieu’s full testimony here:
Read some of the press coverage of the hearing here: