Offshore Energy Development To Get Boost in Funding in FY 2011

President Obama's recently released budget proposes $364.8 million in funding for MMS in fiscal year 2011.  This funding package includes $3.5 million to continue development of the agency's Outer Continental Shelf renewable energy program, adding to the $20.4 million appropriated in FY 2010.  The budget request also contemplates the phase out and termination of the Royalty-in-Kind program.