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ACC Urges Senate Action on Offshore Energy Revenue Sharing Legislation


Contact: Jennifer (202) 249-6512  
Email: Jennifer_Scott@americanchemistry.com

WASHINGTON (July 23, 2013)The American Chemistry Council (ACC) issued the following statement regarding today’s hearing in the Senate Energy and Natural Resources Committee to consider S. 1273, the Fixing America's Inequities with Revenues (FAIR) Act of 2013, which enables revenue sharing for coastal states where energy development may occur:

“We commend Senators Landrieu and Murkowski for championing legislation that allows coastal states to share in the benefits of offshore energy development while encouraging expanded supplies that will strengthen American manufacturing and create jobs. We urge the Senate to move the bill forward.

ACC supports a comprehensive energy strategy that maximizes all energy resources, including oil and natural gas, coal, nuclear power, alternatives and renewables; prioritizes greater energy efficiency in homes, buildings and industrial facilities; and encourages the adoption of diverse energy sources, including energy recovery from plastics that cannot be recycled, and other materials.”

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