U.S. Senator David Vitter, top Republican on the Senate Environment and Public Works Committee (R-La.) and U.S. Congressman Rob Bishop (R-Utah) today introduced their Energy Production and Project Delivery Act of 2013. This bicameral effort would immediately help address the nation's energy, job, and financial crises by unleashing domestic energy resources, creating millions of jobs, and generating significant federal revenues from energy production. Vitter's legislation will also increase federal revenue sharing for offshore oil and gas production without incurring more debt in Washington.
"There's no disputing the fact that our nation's domestic energy production on federal lands and waters has been stymied by this administration and is trending in the exact opposite direction of the rapid growth we're seeing on private and state lands. This legislation would reverse that trend by increasing access to our domestic resources," said Vitter. "Maybe the most important part of our bill for Louisiana is that we'll significantly increase federal offshore revenue sharing - which is completely paid for."
The bill's Senate cosponsors include: John Barrasso (R-Wyo.), Roy Blunt (R-Mo.), Saxby Chambliss (R-Ga.), Daniel Coats (R-Ind.), Thad Cochran (R-Miss.), John Cornyn (R-Texas), Mike Crapo (R-Idaho), Ted Cruz (R-Texas), Michael Enzi (R-Wyo.), Dean Heller (R-Nev.), John Hoeven (R-N.D.), James Inhofe (R-Okla.), Mike Johanns (R-Neb.), Johnny Isakson (R-Ga.), Ron Johnson (R-Wis.), James Risch (R-Idaho), Richard Shelby (R-Ala.), Pat Toomey (R-Penn.), Roger Wicker (R-Miss.).