Tag: royalty sharing

Rick Perry to Obama: Give coastal states more access & dollars

Texas Gov. Rick Perry and five fellow Republicans from other coastal states on Monday implored the Obama administration to open new areas for offshore drilling, saying the change would give a jolt to the U.S. economy by spurring jobs and spending.  More »

Alaska would cash in on Arctic drilling under new plan

New Senate legislation would allow Alaska to collect 37.5 percent of federal dollars tied to oil and gas drilling in Arctic waters near the state, the same share that Gulf Coast states are counting on beginning in 2017.  More »

Oil & gas industry could see revenue sharing win this year

The oil industry’s top ambassador in Washington predicted Congress could move swiftly to give coastal states more revenue collected for energy development near their shores.  More »

Bids to boost offshore royalty sharing could move next year

A change in the leadership of the Senate Energy and Natural Resources Committee could give coastal states their best chance in years of winning a greater share of federal revenues for energy produced near their shores. Sen. Lisa Murkowski, R-Alaska, could advance a new plan next year.  More »