The U.S. Senate Tuesday rejected an attempt to expand offshore oil and gas drilling to allow the states to generate revenue.
The Republican-backed proposal would have allowed states to drill off their coasts and share revenues with the federal government, the (Newport News, Va.) Daily Press reported.
The amendment would have amended a federal ban prohibiting offshore [...]

United States Senator Mary L. Landrieu, D, today announced that she and other Gulf Coast senators have reached an agreement with Senate leaders to bring to the floor legislation that shares with Gulf Coast states a portion of the federal revenues generated by oil and gas production in the Gulf of Mexico.
“This agreement [...]

Gov. Kathleen Blanco on Wednesday upped the ante in her offensive to get billions of dollars from offshore oil and natural gas royalties for Louisiana, formally objecting to an August sale of federal drilling leases off the state’s coast.
Backing up months of rhetoric, Blanco said she sent a letter opposing the sale to the U.S. [...]