Change in Senate panel leadership could benefit coastal states

01/1/2013 |

A change in the leadership of the Senate Energy and Natural Resources Committee could raise the prospects for coastal states getting more revenue from oil and natural gas development, observers say. Sen. Ron Wyden, D-Ore., who is replacing retiring Sen. Jeff Bingaman, D-N.M., as committee chairman, hinted that he is open to including revenue sharing as part of an extensive energy bill. "It's too important an issue. I appreciate that Sen. Wyden has left the door open and intends to explore it," said Sen. Lisa Murkowski, R-Alaska, the committee's top Republican.

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