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What is Offshore Oil and Gas Impact Hearing about?

The hearing examined the impacts of offshore oil and gas exploration and development on coastal areas and communities. Senators and witnesses from Gulf Coast states and Alaska discussed how offshore production affects local communities, noting that while it provides national energy security and economic benefits, host states bear environmental and infrastructure costs without revenue sharing. The committee considered legislation to provide 50% revenue sharing to host states and establish a coastal impact as

Author
Scribd Government Docs
Language
EN