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NOIA President Comments on Senators' Proposed Offshore Revenue Sharing Bill

“NOIA thanks Senators Murkowski and Landrieu for continuing their visionary leadership on the revenue sharing issue by offering this bill. NOIA has long advocated revenue sharing as fair and equitable treatment for coastal states supporting responsible offshore oil and gas exploration and development. Allowing all coastal states to share in prospective future revenue from both traditional and renewable offshore energy activities is sound public policy.