On the recordMay 5, 2011
I thank the gentleman for yielding. The answer is that it will absolutely be a focus and a priority. When I first introduced the bill before us today, I stated that these are only the first steps in this Congress' efforts to increase American energy production. The committee will continue to move forward on an array of bills that will be introduced in advance as part of the American Energy Initiative. Coming soon will be bills focused on expanding renewable energy, offshore production, onshore production, hydropower, coal, critical minerals and revenue sharing. Today, only a few select States receive revenue sharing from OCS activities. This committee will be working to reform OCS revenues to ensure that there is a fair treatment to all States that produce oil and gas in the OCS. Revenue sharing will be a priority, and action will be forthcoming.
