Washington, D.C.–(ENEWSPF)–November 8, 2013. Today, a report released by the Center for American Progress finds that the leading natural resource revenue sharing proposal in Congress, called the Fixing America’s Inequities with Revenue, or FAIR, Act, would cost U.S. taxpayers more than $49 billion of lost offshore drilling revenue between 2014 and 2040, resulting in a significant and arguably inequitable windfall for five states that would currently benefit: Texas, Louisiana, Alaska, Mississippi, and Alabama.
