The Outer Continental Shelf (OCS) Governors Coalition announced its support for increased revenue sharing and energy production on the OCS. Alabama Governor Kay Ivey, Chair of the OCS Governors Coalition released the following statement on the organization’s behalf:
“As our states recover from both COVID-19 and the economic downturn, we need to build a path to recovery by looking for ways to stimulate our respective economies, create jobs and provide relief for our families and businesses. With Gulf of Mexico and Alaska energy as the lifeblood of our nation, it is important to continue to supply the country with energy to meet our critical needs and consider its role in our recovery efforts.”
“We continue to ask that Congress works to increase revenue sharing for coastal states and to find a long-term compromise that allows for broad access across the entire Gulf of Mexico, including the deepwater Central and Eastern Gulf. A commitment to access coupled with enhanced revenue sharing for coastal states will significantly add to state revenues and help drive the economy and contribute to securing America’s energy security for generations.”
“The Gulf states and Alaska look forward to continuing the legacy of supplying the nation’s energy,” Governor Ivey concluded.
In May 2020, the OCS Governors Coalition sent a letter to congressional leadership urging them to remove the $375 million cap on Gulf of Mexico Energy Security Act (GOMESA) of 2006 funds and establish a revenue sharing program for Alaska. The letter can be viewed here.