[Weekly Compilation of Presidential Documents Volume 42, Number 50 (Monday, December 18, 2006)]
[Pages 2149-2150]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on Congressional Passage of Outer Continental Shelf 
Legislation

December 9, 2006

    I commend Congress for passing the Outer Continental Shelf 
legislation, which will help to reduce our dependence on imported 
sources of energy by increasing access to domestic sources of oil and 
gas. Developing these reliable domestic resources in an

[[Page 2150]]

environmentally sound manner will help address high energy prices, 
strengthen our energy security, and protect manufacturing jobs. The bill 
also provides the producing States of Texas, Louisiana, Mississippi, and 
Alabama a share in the royalty revenues from OCS leases. I appreciate 
the commitment by the State of Louisiana to use revenues from these 
leases to restore coastal wetlands.

Note: The statement referred to H.R. 6111.