Live Breaking News & Updates on Ocean Energy Management
Stay updated with breaking news from Ocean energy management. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Good morning. So this meeting will now come to order. Today the subcommittee is holding a hearing entitled oversight of doe, during covid19 pandemic. Members will be participating in todays hearing finally in person or remotely via video conferences. And just as a reminder weve had some technical difficulties in making sure that our remote video was operating up to standard. As part of this hearing, the microphones of members participating remotely will be set on mute for the purpose of eliminating inadvertent background noise. Members participating remotely will need to unmute their microphones each time you wish to speak. For members and witnesses participating in person, i encourage you to wear your mask whenever you are not speaking. Dr. Monahan, our physician, stressed in attending physician covid19 guidelines that use of face coverings is meant to protect other people in case someone was unknowingly infected and does not have symptoms. But wearing our mask when we are not speakin ....
That revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under consideration or sponsored by members of this committee. Senator cassidy has introduced s2418 which is the coastal act and senator mick sally has introduced f2 666 which is a public lands are knowable Energy Development act. As a cosponsor of the coastal act i want to thank senator cassidy for introducing legislation that would bring revenue sharing for coastal producing states into parity with onshore developments. Progress laid the foundation through the passage of the gulf of Mexico Energy security act back in 2006. At that time the bill did not include alaska. The coastal act we are considering now what establish ....
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 stat ....
We are here this morning for three closely related purposes and first we will examine federal revenues generated from Energy Development on our federal lands, indian lands and federal offshore areas. Secondly, we will explore how that revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under consideration or sponsored by members of this committee. Senator cassidy has introduced s2418 which is the coastal act and senator mick sally has introduced f2 666 which is a public lands are knowable Energy Development act. As a cosponsor of the coastal act i want to thank senator cassidy for introducing legislation that would bring revenue sharing for coastal producing states into par ....
Federal lands, indian lands, 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 with state, 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 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 securing act in 2006. At that time the bill did not include a ....