Oil Royalty Sharing Bill Passes U.S. Senate Hurdle

Summary

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The Senate today voted 72-to-23 to end debate and move forward with the Domenici-Landrieu Gulf of Mexico Energy Security Act, designed to increase oil and gas production in the Gulf of Mexico and share revenue with Gulf Coast states. Today's vote, which required a minimum of 60 supporters, was the bill's final procedural hurdle in the Senate.

"The vote today signals the Senate's strong endorsement of a bill that would offer Louisiana a significant share of revenue from the energy production off its shores," said Sen. Mary Landrieu, D-New Orleans. "With the revenue this bill would provide, we can put into place a long-term strategy to protect our people and our coastline."

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Oil Royalty Sharing Bill Passes U.S. Senate Hurdle

Sen. David Vitter, R-Metairie, called it "a historic, breakthrough Senate vote - both in terms of ...

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