House budget package contains major OCS provisions

When the US House Resources Committee marked up budget reconciliation legislation last month, the section that would authorize oil and gas leasing on the Arctic National Wildlife Refuge’s coastal plain received most of the attention.But another portion-Subtitle E: Ocean Energy Resources-also is significant because it tries to loosen the Outer Continental Shelf leasing moratorium log jam by giving coastal states more responsibility for (and revenues from) what happens off their shorelines.“Negotiations have gone quite well. Agreements have been reached,” a spokesman for the committee said.Less formally called the Ocean State Options Act of 2005, the section still would ha...

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