Director Burton Announces President’s Proposed 2005 Budget for MMS
and its Effects on the Oil and Gas Industry in the Gulf of Mexico Region
 

Who:  Johnnie Burton, Director, Minerals Management Services (MMS), U.S. Department of the Interior

What:  Press Conference to discuss President Bush’s 2005 budget proposal for MMS and its effects on the oil and gas industry, and the economic impact to Louisiana and the Gulf of Mexico Region. The Director will address proposed funding levels for MMS offices in the region, Gulf of Mexico research, and new technology that will help the Nation meet its energy needs. Local government and business leaders will be in attendance.

When:  Tuesday, February 3, 2004, 11:00 am

Where:  Jefferson Parish Eastbank Council Chambers

   2nd Floor, Yenni Building

   1221 Elmwood Park

   Harahan, LA

Call-in:  The director will be available to take calls the afternoon of February 3^rd.  Please call in advance to schedule a time.

The Minerals Management Service is the federal agency in the U.S. Department of the Interior that manages the nation’s oil, natural gas, and other mineral resources on the Outer Continental Shelf in Federal offshore waters.  The agency also collects, accounts for, and disburses mineral revenues from Federal and American Indian lands.  MMS disbursed more than $8 billion in FY 2003 and more than $135 billion since the agency was created in 1982.  Nearly $1 billion from those revenues go into the Land and Water Conservation Fund annually for the acquisition and development of state and Federal park and recreation lands.