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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 ....
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 ....
From bloomberg World Headquarters in new york, i am scarlet fu, joined by my cohosts keeneeisenthal and tom. Joe and i were just talking about the mexican peso weakening and oil still soggy. Barrel. To 32. 10 a we are going to count you down to the opening of trading in asia. Tom do we really know what its going to happen in asia . Help me, joe. Joe i dont think so. Trying to read some of the signals, but i dont think anyone has any idea in part because they changed the rules today. They had the rule in place that they would halt the market after a 7 decline. Today, no training wheels. We dont know what is going to happen. Had plans to put some Circuit Breakers in place and limit some of the selling, but now they have removed those and losses could exceed 7 . Trading 30ou halt minutes into the day, the message you send is get your trades right. That causes a lot of anxi ....
A bit chilly, im afraid, wouldnt you say . And it Stephanie Ruhle is not a bit chilly, it is bloody freezing outside. You might the canadian and used to this, i cannot stand how cold it is. But if anyone is going to talk grand theft auto, it is this girl. Really . Just kidding. [laughter] starting this mornings show with japan. The Prime Minister is trying to hisue his economy and economic policy. He is dissolving parliament this week and calling for early elections, also delaying a second sales hike. The first tax increase is being blamed for sending japan into his economic policy. He is dissolving parliament this week and callingrecession. He wants his plans debated during the election. I want to make it clear for the debates during the general election whether our economic policies are right or wrong or if there are no other choices available for us. Be ont to make japans ....
4. 8 . We saw the dollar soar today, something that should have and has put pressure on the averages. No, no, didnt impact them. The market went higher. How about the fact when you have a strong dollar that usually means oil goes lower, right . No. Not today. Oil went higher. Even as everyone has been brainwashed into thinking a stronger dollar means weaker oil. We had a universal judgment every oil company is loyal to the buyout. Royal dutch was down again today. And for the record alcoa kicked off earnings season last night with a Strong Quarter that supported an excellent 7 Revenue Growth and gave a robust forecast for every single aspect of the economy. Autos, nonresidential and construction. The reaction . Got hammered. No one seems to care at all. That wont be the case soon enough. I cant blame anyone for reacting to mergers all excited and stuff or possible mergers. Th ....