Venable partner and former Secretary of Transportation, Jim Burnley, was quoted in an October 11, 2011 DC Velocity article on the GOP’s proposal to generate revenue for infrastructure improvements by opening federal lands and offshore locations to expanded oil and gas development.
Speaking to the Council of Supply Chain Management Professionals' Annual Global Conference in Philadelphia recently, Burnley said that “expanded energy drilling and development activities would generate fees, royalties, and increased tax revenues that could be dedicated to the Highway Trust Fund, the program used to finance infrastructure programs.” While acknowledging the proposal would be “controversial,” Burnley also said the plan “is the first new idea in quite a while.”
Speaking to the Council of Supply Chain Management Professionals' Annual Global Conference in Philadelphia recently, Burnley said that “expanded energy drilling and development activities would generate fees, royalties, and increased tax revenues that could be dedicated to the Highway Trust Fund, the program used to finance infrastructure programs.” While acknowledging the proposal would be “controversial,” Burnley also said the plan “is the first new idea in quite a while.”