Friday, June 30, 2006

Double-plus good news. | News | Oil, gas royalties plan clears House:
"WASHINGTON — Louisiana’s decades-long dream of getting a big share of federal offshore oil and gas royalties came much closer to reality Thursday as the U.S. House of Representatives approved legislation that could eventually bring the state $2 billion a year from production in the Gulf of Mexico.

In a separate but related move in Congress, U.S. Sen. Mary Landrieu, D-La., reached an agreement with the Republican leadership in the Senate on a deal that would bring billions to the state over the next two decades from new oil and gas production in the Gulf."

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