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As Gulf WorkContinues, Bingaman Stance Against OCS Revenue Sharing Becomes LessDefensible – Especially Since N.M. Takes Half Revenue from FederalOnshore. The Washington Times (5/17) reports, “Democratic senators from landlocked states aren't happy about a proposal to offer huge cash incentives to coastalstates willing to drill for oil and natural gas off their shores. Andenvironmentalists are aghast it's in the Senate's new climate bill. Thepotential revenue pot from leasing underwater...