Sens. Slam DOI For 'Double Standards' On Revenue Sharing

Law360, New York (July 23, 2013, 8:07 PM EDT) -- Senators seeking to let coastal states share revenues from offshore energy projects in federal waters accused the U.S. Department of the Interior on Tuesday of enabling "double standards" by letting inland states take a 50 percent cut of oil and gas revenues while denying support for their measure. 

At Tuesday's hearing before the U.S. Senate Committee on Energy and Natural Resources, Sen. Mary Landrieu, D-La., lamented the Interior Department's stance not to support the Fixing America's Inequities with Revenues Act — a bill she introduced in...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.