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 a Revenue Sharing Program that would include alaska. At the current time our offshore production is pretty minimal
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 parity with onshore developments. Progress laid the foundation through the passage of the gulf of Mexico Energy security ac
Record highs will be possible today, falls just short for santa rosa. Oakland and san josi are all within one degree of the record high. Strong low in arizona has gone down to baja with a northeasterly breeze. 50s and 60s here, east bay with some 70s. Concord 73, danville 75, so there are very warm readings and still a northerly component in the upper atmosphere. Cooler air is on the way for to today will be mostfew heat and sunshine before the fog comes back. 80 westbound right now, it will take you about 25 minutes to drive through. Its about typical getting through the bay bridge, another 20 to get on to the span. 880 in oakland and san leandro looks good, and the san mateo traffic is all we want to go rasmus getting the latest the alarm fire on mare island. Reporter vallejo fire investigators believe this was started by someone intentionally cutting into two power poles. We have video from vallejo fire and you can see someone sawed into two power poles, sparks this fire on the sout