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A drilling rig under contract to Shell arrives in Port Angeles, Washington en route to Alaska's Chukchi Sea, where Shell hopes to drill this summer. (Daniella Beccaria/ via AP, File) MAGS OUT; NO SALES; SEATTLE TIMES OUT; TV OUT; MANDATORY CREDIT

Senate bill would give oil companies a decade more to drill in Arctic

Oil companies could get 10 more years to drill on their Arctic leases, under a provision in a broader offshore drilling bill advancing in the Senate.

Coastal states launch new bid for offshore drilling dollars

Senators from Texas, Alaska and other coastal states have launched a fresh campaign to siphon off more of the revenue that flows to the federal government from offshore drilling.
From left, Sen. Thom Tillis, R-N.C., Rep. Rob Bishop, R-Utah, Bureau of Ocean Energy Management Director Abigail Hopper and North Carolina Gov. Pat McCrory discuss federal regulations, drilling and seismic studies at the Offshore Technology Conference.

Gov. Pat McCrory at OTC: Drilling dollars essential to sell offshore exploration along East Coast

For coastal states to support offshore drilling near their shores, they have to glean some of the dollars tied to that activity, North Carolina’s governor told OTC.
Former Sen. Mary Landrieu, D-La., left, appears at a hearing with Mississippi Gov. Haley Barbour.  (AP Photo/Manuel Balce Ceneta)

Landrieu calls Obama’s offshore drilling plan a ‘gross injustice to Gulf Coast states’

Former Sen. Mary Landrieu, D-La., took aim at the plan in her first statement since losing reelection last December.
(AP Photo/Mandel Ngan, Pool)

Obama budget would slash oil tax breaks while boosting renewables

In his $4 trillion budget request to Congress, Obama also says he wants to change the way money from offshore oil and gas production is shared with Gulf Coast states, by diverting more of those dollars to national programs with “broad” natural resource and conservation benefits.
Sen. Mary Landrieu, D-La., speaks at a Capitol Hill rally for Keystone XL earlier this year. (Mandel Ngan/Getty)

Oil industry ally takes Senate committee helm

Sen. Mary Landrieu takes over the chairmanship of the Energy and Natural Resources Committee, giving the Louisiana Democrat a boost in her reelection campaign and putting an oil industry ally in a powerful Senate role.

Feds nab $14.2 billion from energy development

The federal government collected a near-record haul in fees and royalty payments from oil and gas drilling on public lands and U.S. waters during the last fiscal year, the Interior Department announced Tuesday. All told, the federal government collected $14.2 billion from the activity; Texas’ share was $17 million.

Report: Royalty revenue sharing plan would cost taxpayers $49 billion

A congressional proposal to give coastal states a greater share of government royalties tied to oil and gas drilling would increase the federal debt by more than $49 billion over the next three decades, according to new analysis set to be released Friday.
Texas Gov. Rick Perry in October 2011. (AP Photo/Scott Eells, Pool)

Perry to lawmakers: Do more to advance offshore drilling

Congress can do more to advance offshore drilling in the Gulf of Mexico and Atlantic Ocean while boosting the economies of coastal states, eight governors said Friday.
BP's Thunder Horse semi-submersible facility in the Gulf of Mexico, about 150 miles southeast of New Orleans. (Photo courtesy BP)

House moves to expand offshore drilling

The House on Friday passed legislation that would expand offshore drilling by forcing the federal government to swiftly sell new oil and gas leases along the coasts of California, South Carolina, Virginia and any other states where governors say they want the work.