The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
Federal agencies that have unilaterally curtailed energy production in the Gulf of Mexico should obtain congressional approval before any new regulations are implemented, Sen. David Vitter (R-La.) has argued on the Senate floor.