Show Me the Money; What's Next in Alaska; Revised Deal in California

NATIONAL

Obama’s offshore oil drilling plan spurs push for billions in royalties
http://www.boston.com/news/local/massachusetts/articles/2010/04/08/obamas_offshore_oil_drilling_plan_spurs_push_for_billions_in_royalties/
“President Obama’s pledge last week to open huge areas for offshore drilling does more than expand potential oil and gas production. It creates an opportunity to pressure oil companies to pay billions of dollars for past deep-water oil production if they want to drill in the new areas.
At issue is a hotly contested law that, as read by the court, has allowed companies to avoid paying royalties on oil drilled in the Gulf of Mexico. Critics, including Representative Edward J. Markey of Malden — who plans to introduce legislation next week — now seek to force companies such as ExxonMobil and Shell to begin paying on those existing leases as a condition of obtaining new ones. The payments could add up to $50 billion for federal coffers.”

Al Gore Expresses Disapproval Of Obama's Offshore Drilling Plan
http://www.huffingtonpost.com/2010/04/08/al-gore-expresses-disappro_n_530632.html

ALASKA

Agency faulted over handling of Alaska offshore oil drilling
http://www.latimes.com/news/nationworld/nation/la-na-alaska-drilling8-2010apr08,0,6269729.story

What's next for oil in the Alaskan Arctic?
http://latimesblogs.latimes.com/greenspace/2010/04/arctic-oil-drilling-chukchi-anwr-minerals-management.html

CALIFORNIA

Effort to reach California offshore oil drilling deal revived
http://www.latimes.com/news/local/la-me-oil-drilling8-2010apr08,0,1014179.story
“Environmental groups say a previous failed pact with a Texas firm has been retooled to make it more acceptable, allowing new platforms but setting an end date for drilling. Not everyone is convinced.”

NEW JERSEY

Offshore drilling plan opposition runs deep
http://www.shorenewstoday.com/news.php?id=8322