Mr. Chairman, I want to thank the gentleman from Louisiana for bringing this amendment up. Here is the reality. This is largely a solution in search of a problem. There has not been a single case in the history of offshore energy production where the government has been left holding the bag. It doesn't exist. So, yes, we should be working together. Representing one of the most ecologically productive coastal areas in the United States, we are very concerned about what happens with our coastal area. But, again, we are proposing solutions in search of problems. All this is going to do is it is going to result in a decrease in competition for offshore energy production, a decrease in competition, and a decrease in revenue for the United States Treasury. This funds the Land and Water Conservation Fund, something that your side often stands up for and fights for. This has provided nearly $200 billion for the United States Treasury, one of the largest revenue streams for the United States Government outside of taxes. Mr. Chairman, I urge support of this amendment. This policy, this notice to lessees, is ill-advised. It simply has been done in the dark of night, and it is a solution in search of a problem.
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