Four Gulf Coast states, along with their counties and parishes, will share a record $460.9 million in energy revenue for fiscal 2025, the Interior Department said Friday.
The disbursement is the first for the region after President Donald Trump signed the One Big Beautiful Bill Act, which boosted the annual revenue cap for states to $485 million from $375 million. The money comes from royalty revenues that companies pay the federal government for oil and gas production in the Gulf of Mexico.
“By returning offshore revenues to the Gulf region, we are supporting the infrastructure, restoration work and local economies that make continued production possible,” Interior Secretary Doug Burgum said in a statement.
The disbursement was made to Alabama, Louisiana, Mississippi and Texas. Louisiana and nearly 20 parishes pulled in the lion’s share of the disbursement, making up roughly 44 percent of the total $460 million. Texas and its counties came in second, at more than $124 million, followed by Mississippi and Alabama.
