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

A trade war with the European Union could negatively impact many U.S. industries. The lobster trade provides a specific case ...

Mississippi lawmakers did not approve new Coast projects for 2025-26, leaving millions from Tidelands, GOMESA, and Restoration funds in the bank this year.

The House bill requires at least 30 lease sales in the U.S. Gulf of America (Mexico) over the next 15 years, with the first to be held August 15. The lease sales would rotate between August and March ...

The bill raises the cap on revenue sharing for Gulf of Mexico Energy Security Act (GOMESA) from $500 million to $650 million through 2034, allowing counties in Louisiana, ...

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.

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 ...

On April 24, President Trump signed an executive order promoting deep-sea mining in the US and international waters, touting the industry’s potential to boost the country’s economic growth and ...