Energy Tomorrow Blog
Posted January 1, 1
Offshore energy development works for the states – all of them. The U.S. Interior Department announced this week that $61.6 million in revenues from offshore oil and natural gas will be distributed to all 50 states, U.S. territories and the District of Columbia for grants that support conservation and outdoor recreation projects.You don’t have to be a coastal state, you don’t have to be a producing state. Under the Gulf of Mexico Energy Security Act (GOMESA), everyone benefits from offshore natural gas and oil revenues earmarked for Land and Water Conservation Fund (LWCF) grants.