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Gulf Shores Alabama Guide - online guide to your favourite holiday resort. Comprehensive links to all online resources, and up to date news and information on all new developments within the area.
We're Not 'Robbing the Feds' on Energy RoyaltiesAs senators representing the Gulf Coast states, we were disappointed by the July 16 editorial "Robbing the Feds." The editorial talks about legislation pending in the Senate that would open new acreage in the Gulf of Mexico for oil and gas production and share a portion of the new royalty revenue with the Gulf Coast states. Unfortunately, your editorial misstated the facts. The editorial said, for example, that Gulf Coast states "traditionally resist offshore drilling." In fact, the four producing coastal states -- Texas, Louisiana, Mississippi and Alabama -- account for more than 98 percent of offshore drilling in the United States. Indeed, this coast produces nearly a third of our nation's domestic oil and about a quarter of its natural gas. . read more. Senate's could test California's resolve to keep ban(08-02) 04:00 PDT Washington -- The Senate's vote Tuesday to approve oil and gas drilling in the eastern Gulf of Mexico off the coast of Florida won't mean construction of new oil and gas rigs off California's beaches anytime soon. But it could pave the way, before long, to drilling off the coast of Virginia. Or Georgia. Or South Carolina. Those states have expressed interest in drilling -- and sharing energy royalties from offshore wells -- and federal lawmakers, facing voters' anger over high energy prices, are warming to the idea. This is precisely what environmentalists fear: The fragile coalition of coastal states that has propped up the federal moratorium on offshore drilling for 25 years could crack under pressure from pro-development forces. Even California, Florida and the Northeast states will be tested in coming years on whether they will continue to block new oil and gas wells off their shores. read more. We're Not 'Robbing the Feds' on Energy RoyaltiesAs senators representing the Gulf Coast states, we were disappointed by the July 16 editorial "Robbing the Feds." The editorial talks about legislation pending in the Senate that would open new acreage in the Gulf of Mexico for oil and gas production and share a portion of the new royalty revenue with the Gulf Coast states. Unfortunately, your editorial misstated the facts. The editorial said, for example, that Gulf Coast states "traditionally resist offshore drilling." In fact, the four producing coastal states -- Texas, Louisiana, Mississippi and Alabama -- account for more than 98 percent of offshore drilling in the United States. Indeed, this coast produces nearly a third of our nation's domestic oil and about a quarter of its natural gas. . read more. |
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