Annual funding distributed through oil revenue-sharing model.
The Department of the Interior recently distributed $252 million to Alabama, Louisiana, Mississippi, and Texas for coastal conservation projects. These four states produce offshore oil and gas in the Gulf of Mexico, and through the Gulf of Mexico Energy Security Act (GOMESA) receive funding annually to preserve their coasts according to how much profit their coastal political subdivisions (CPS) made that year.
The department reported that this “represents the second-largest disbursement since Interior first began disbursing GOMESA revenues to states and their CPS in 2009.” The Office of Natural Resources Revenue announced, “Since GOMESA’s passage, the Interior Department has disbursed over $1.26 billion to the coastal states and their CPS.”
As the Lord Leads, Pray with Us…
- For Director Kimbra Davis as she oversees the Office of Natural Resources Revenue.
- For Secretary Haaland to seek God’s direction as the Interior Department supports conservation.
- For officials in the Interior Department as they care for God’s creation.
Sources: Department of the Interior
