I believe, that all of the proceeds from production--from the gulf, from the Chukchi, from Bering, from Beaufort--all of those go to the Treasury of the United States.
On the recordFebruary 28, 2012
Source
congress.govEditor's note · Context
Clarifying that production proceeds go to the U.S. Treasury, not the Department of the Interior.
Share & report
More from Jack Reed
Feb 23, 2025
firing the military’s most senior legal advisers is an unprecedented and explicit move to install officers who will yield to the president’s interpretation of the law, with the expectation they will be little more than yes men on the most…
Feb 21, 2025
America has the strongest, most capable military in the world. But firing uniformed leaders as a type of political loyalty test... erodes the trust and professionalism that our servicemembers require to achieve their missions.
Feb 28, 2025
President Zelenskyy and the people of Ukraine are fighting for their very lives and existence.





