Permitting a new mining operation can take even longer, often as long as 20 years to complete. The same is true for major new ...

Tidelands and Gulf of Mexico Energy Security Act, Wiggins said. “Last year, we found that there were a fairly significant amount that had not drawn down their money,” he said. “And our ...

Domestic energy leasing would increase significantly from the Biden administration, which had the fewest number of lease offerings for onshore and offshore since World War II. Regular and frequent ...

(House Ways & Means Committee) GOMESA revenue sharing: The bill raises the cap on revenue sharing for Gulf of Mexico Energy Security Act (GOMESA) from $500 million to $650 million through 2034 ...

May 25, 2025 - On May 22, the full U.S. House voted to pass their version of reconciliation legislation, the One Big Beautiful Bill Act (H.R. 1), by a vote of 215-214. The bill includes several ...

The bill also modifies the Gulf of Mexico Energy Security Act (GOMESA), which outlines how offshore oil and gas revenue is distributed to Gulf Coast states. It would raise the distribution cap ...

In 2006, Sen. Mary Landrieu pushed through the Gulf of Mexico Energy Security Act, or GOMESA, which gave Louisiana and other Gulf states a share in oil lease royalties for offshore drilling to ...

This article originally appeared on Inside Climate News, a nonprofit, non-partisan news organization that covers climate, energy and the ... the Caribbean, the Gulf of Mexico, and the Mariana ...