http://www.americaswetland.com/article.cfm?cateid=7&id=347&pageid=3.......................................................
I could not find a date from this article, but it was interesting to read about all the machinations to try and grab the royalty money...
and Bush's total ignorance came shining through too.. no wonder we got snookered by the oil-people..:(
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La. renews call for 'fair share' of offshore oil royalties
By Pam Radtke Russell
The Times-Picayune The devastation Hurricanes Katrina and Rita heaped upon Louisiana's coast and levees may have brought national attention to an issue state politicians have been pushing for years: getting Louisiana's "fair share" of royalties from oil and gas drilled off the state's coast to pay for coastal restoration and hurricane protection.
The politicians have renewed their efforts to get Louisiana a percentage of the approximately $6 billion a year the federal government receives from companies drilling for oil and gas in the Gulf of Mexico.
That effort got a significant boost this week when Gov. Kathleen Blanco put the federal government on notice that if the state doesn't begin getting a cut of the federal royalties, it might oppose future federal leases off Louisiana's coast.
snip....
During a recent meeting business leaders and politicians had with Bush in New Orleans, Melancon asked Bush to support the state's push for the royalties.
"I said, 'If you would help us get OCS revenue sharing, we could take care of our own problems,' " Melancon said.
Melancon said Bush responded by asking, "What's OCS?"