Offshore areas. Secondly, we will explore how that is distributed and shared with state, local, and tribal governments. Then we will hear testimonies that will both revenue sharing from onshore renewable and onshore developments. Both bills under consideration are sponsored by members of this committee. Senator cassidy, introducing in s14 the coastal act, and senator mcsally, introducing the energy reproducing act. Thank you for introducing legislation that would bring revenuesharing for coastal producing states into parity with onshore development. Congress lay the foundation for offshore revenuesharing through the passage of the gulf of Mexico Energy security act in 2006. At that time the bill did not include alaska. The coastal act that we are considering now would establish a revenuesharing program that would include alaska and, at the current time, our offshore production is pretty minimal and therefore any returns to the state are equally minimal. It is important to address this
Good morning, everyone. The committee will come to order. First, we will examine federal revenues generated from Energy Development on federal lands, indian lands, and federal offshore areas. Secondly, we will explore how that is distributed and shared local, and tribal governments. Then we will hear from onshore renewable and onshore developments. Both bills under consideration are sponsored by members of this committee. Senator cassidy, introducing in 2018 the coastal act, and senator mcsally, introducing the reproducing act. Thank you for introducing legislation that would bring revenuesharing for coastal producing states into parity with onshore development. Congress lay the foundation for offshore revenuesharing through the passage of the gulf of Mexico Energy securing act in 2006. At that time the bill did not include alaska. The coastal act that we are considering now would establish a revenuesharing program that thed include alaska and, at current time, our offshore production
Mr. Speaker, mr. Vice president , members of the 94th congress, and distinguished guests, 26 years ago a freshman congressman, a young fellow, with lots of idealism who was out to change the world, stood before sam rayburn in the well of the house and solemnly swore to the same oath that all of you took yesterday. An unforgettable experience. And i congratulate you all. Two days later that same freshman stood at the back of this great chamber. Over there someplace. As president truman, all charged up by his singlehanded election victory, reported as the constitution requires on the state of the union, when the bipartisan applause stopped, president truman said, i am happy to report to the 81st congress that the state of the union is good. Our nation is better able than ever before to meet the needs of the American People and to give them their fair chance in the pursuit of happiness. It is foremost among the nations of the world in the search for peace. Today that freshman member from
Museums and historic sites. History book shelf. The best known American History writers. The presidency looking at the policies and legacies of our nations commanders in chief. Lectures in history with top College Professors delving into americas past. Hour new series real america featuring archival government and educational films from the 1930s through the 70s. Cspan three. Created by the cable t skrrks industry and funded by your local cable or satellite provider. Liesk us on facebook and follow us on twitter. President obama delivers his state of the Union Address on tuesday, january 20th to a joint session of congress. Now American History tv looks back to 1975 and president jerald r. Fords state of the union speech which was dlifed eddelivered five months. He told the congress that he didnt expect much applause because as he said, quote ive got bad news. He detailed the opportunity ricountrys economic and energy woes blaming in part the ever increasing government benefits. He urg
Industry and funded by your local cable or satellite provider. Watch us in hd, like us on facebook and follow us on twitter. President obama delivers his state of the Union Address on tuesday, january 20th, to a joint session of congress. Now American History tv looks back to 1975 and president gerald r. Fords state of the union speech which was delivered five months after assuming office in the wake of president nixons res igs nation. He told congress he didnt expect much applause, because as he said, quote ive got bad news. He detailed the countrys economic and energy woes, blaming in part what he called, quote, ever increasing levels of government benefits. On the eve of the american bicentennial, he urged his countrymen to move in a new direction. My colleagues of the korngs i have the distinct privilege and the high personal honor of presenting to you the president of the United States. Mrk applause ] mr. Speaker, mr. Vice president , members of the 94th congress, and distinguishe