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Coastal News Today | US - Bill would send coastal states revenue from offshore wind energy

Coastal News Today | US - Bill would send coastal states revenue from offshore wind energy
coastalnewstoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coastalnewstoday.com Daily Mail and Mail on Sunday newspapers.

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U S Senators Cassidy, Whitehouse Introduce Bill to Improve Gulf of Mexico Revenue Sharing Program

U.S. Senators Cassidy, Whitehouse Introduce Bill to Improve Gulf of Mexico Revenue Sharing Program June 22, 2021 U.S. Senators Bill Cassidy (R-LA) and Sheldon Whitehouse (D-RI) recently introduced legislation aimed at increasing funding for coastal restoration and hurricane protection. The Reinvesting in Shoreline Economies & Ecosystems (RISEE) Act would make needed improvements to the Gulf of Mexico Energy Security Act (GOMESA) and create a dedicated funding stream for future offshore wind development revenues. “Dedicated, reliable funding streams not only allow for good projects today, but provide the foundation for a program of well-planned, pre-disaster investments in coastal resilience,” said CPRA Chairman Chip Kline. “With coastal adaptation needs growing across Louisiana, it is not a moment too soon to revisit federal impact assistance from energy production in the Gulf. Other states with energy and mineral development on federal land face no cap and share 50% of the

United statesDistrict of columbiaGulf of mexicoLand water conservation fundNational oceansBiden administrationCoastal security fundGulf of mexico energy security actBill cassidySheldon whitehouseShoreline economiesMexico energy security actSenators cassidyWater conservation fundCoastal securityஒன்றுபட்டது மாநிலங்களில்

Oil, Gas, And Fracking News Read14March 2021

The natural gas storage report from the EIA for the week ending March 5th indicated that the amount of natural gas held in underground storage in the US fell by 52 billion cubic feet to 1,793 billion cubic feet by the end of the week, which left our gas supplies 257 billion cubic feet, or 12.5% below the 2,050 billion cubic feet that were in storage on March 5th of last year, and 141 billion cubic feet, or 7.3% below the five-year average of 1,934 billion cubic feet of natural gas that have been in storage as of the 5th of March in recent years..the 52 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast of a 65 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, and was also less than 72 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and less than the average withdrawal of 89 billion cubic feet of natural gas that have been pulled out of nat

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Coastal News Today | LA - Coastal authority backs proposal to boost Louisiana s share of offshore oil, gas revenue

Also expected in federal legislation: revenue sharing for wind energy generated in federal waters

United statesGulf of mexicoSheldon whitehouseBill cassidyRestoration authorityUs senateGulf of mexico energy securityGulf coastLouisiana coastal protectionShoreline economiesEcosystems actMexico energy security actGreat american outdoorsMexico entergy security actLouisiana constitutionஒன்றுபட்டது மாநிலங்களில்

CPRA backs proposal to boost Louisiana s share of offshore oil, gas revenue

CPRA backs proposal to boost Louisiana s share of offshore oil, gas revenue Mark Schleifstein A planned U.S. Senate bill to increase the amount of federal oil revenue shared with Louisiana and other Gulf Coast states got a vote of support from the Louisiana Coastal Protection and Restoration Authority. The proposed Reinvesting in America s Shoreline Economies and Ecosystems Act would fulfill promises that Sens. Bill Cassidy, R-La., and Sheldon Whitehouse, D-R.I., made last summer to expand revenue sharing for coastal states under the Gulf of Mexico Energy Security Act. The senators have not yet introduced the revenue sharing bill, which would also set up a similar revenue sharing program for wind energy generated in federal waters,.

United statesNew orleansGulf of mexicoMark schleifsteinSheldon whitehouseBill cassidyRestoration authorityUs senateGulf of mexico energy securityGulf coastLouisiana coastal protectionShoreline economiesEcosystems actMexico energy securityMexico entergy security actChairman chip kline