Sen. Cassidy Stresses Importance of Louisiana Energy Production
Calls to Increase Revenue Sharing for Energy Producing States
In the fifth in the series of videos introducing the Republican members of the Senate Energy and Natural Resources Committee, U.S. Sen. Bill Cassidy, R-La., today stresses the importance of increasing domestic energy production especially in places like his home state of Louisiana that has vast resources of oil and natural gas both onshore and offshore.
Sen. Cassidy, chairman of the Senate Energy and Natural Resources Subcommittee on National Parks, outlines the positive effects that expanding domestic energy production will have on states like Louisiana and said that he won’t stop fighting to increase both onshore and offshore energy production.
“Families and businesses in Louisiana and everywhere across our country depend upon Louisiana’s natural gas and oil to put gasoline in their trucks, to keep their homes lit, and to keep the price of gas and groceries down. Importantly, good paying jobs across the country are created because of Louisiana’s energy industry,” Sen. Cassidy says in the video. “Our goal should be to grow production, and to increase Gulf States’ share of revenue from the offshore production promised under the Gulf of Mexico Energy Security Act, which is also called GOMESA. This money is dedicated to preserving and building back our coastlines and it must be protected.”
Sen. Cassidy’s full video statement is available on the Senate Energy and Natural Resources Committee website.