CPRA leading delegation to Washington to seek more offshore drilling revenues for Louisiana
The state’s Coastal Protection and Restoration Authority will lead a delegation of representatives from four gulf coast states to Washington D.C. this week, where they will lobby for a greater share of revenues generated by offshore drilling activity in the Gulf of Mexico.
Nearly 50 members of the delegation—including several CPRA staffers, CPRA board chair Chip Kline and local lobbyist Scott Kirkpatrick—will hold more than 40 separate meetings with congressional leaders and Vice president Mike Pence, asking they support bills sponsored by Louisiana’s own U.S. Sen. Bill Cassidy and U.S. Reps. Garret Graves and Cedric Richmond to increase the share of offshore drilling revenues that goes to coastal states under the GOMESA program.
GOMESA, or the Gulf of Mexico Energy Security Act, was passed in the wake of Hurricanes Katrina and Rita and created a revenue-sharing program, funded by revenues from certain offshore drilling activity, for Texas, Louisiana, Mississippi and Alabama.
Under the program, the four participating states receive 37.5% of revenues from eligible leases in the gulf, which, in the case of Louisiana, amounted to nearly $83 million in 2018. By law, that money is dedicated to the state’s coastal trust fund.