Interior chief: New offshore drilling funds should pay for parks – The Hill

Posted: July 5, 2017 at 11:32 pm

SHARPSBURG, Md. Interior Secretary Ryan Zinke said that he wants the federal government to increase its income from offshore oil and natural gas drilling to pay for budget gaps in national parks.

Zinke told reportersWednesdaythat new royalty and fee payments from drilling can go a long way toward solving the more than $11 billion maintenance backlog at the National Park Service (NPS), as well as mitigate the effects of the $360 million the Trump administration is proposing to slash from the agencys annual budget.

He has mentioned the plan in recent weeks both to defend the administrations budget and to support his desire to increase offshore drilling, a plan that could include drilling in the Atlantic and Arctic oceans.

He said the Obama administration missed out on the potential revenue, pointing to the fact that the Interior Department brought in $2.6 billion from offshore drilling last year, compared with $18.1 billion in 2008.

Zinke said he is evaluating ways to increase income from offshore drilling as part of a major review of Interiors royalties and revenues.

Across the board, were looking at revenue, to make sure we catch up, and my priority is the infrastructure in our park system. Weve got to protect our parks, he said.

A small portion of offshore drilling revenue goes into the Land and Water Conservation Fund, which is used to buy parkland and for related purposes.

But the rest of the money goes to the general Treasury, and changes to that system, including directing the funds to go to infrastructure, would have to get congressional approval.

A bill sponsored by Sen. Mark WarnerMark WarnerInterior chief: New offshore drilling funds should pay for parks Investigators looking into possible Russia collusion with pro-Trump websites: report Key Senate Dem expects clarity on Russia probe in a couple months MORE (D-Va.) and Rep. Derek KilmerDerek KilmerInterior chief: New offshore drilling funds should pay for parks Our national parks need updates; Congress can help House Dems: Administration ignoring hundreds of oversight requests MORE (D-Wash.) would do that, first directing $50 million a year to a park infrastructure fund and then slowly increasing to $500 million.

Go here to see the original:

Interior chief: New offshore drilling funds should pay for parks - The Hill

Related Posts