Thursday, May 12, 2016

NOIA bemoans removal of Atlantic lease sale

In response to the about-turn by the Obama administration, the president of the National Ocean Industries Association (NOIA), Randall Luthi, issued the following statement: “The good news is that there are still offshore lease sales planned in the Gulf of Mexico and Alaskan Arctic. The bad news is the disappointing and mind-boggling removal of Atlantic Lease Sale 260 from the 2017–2022 OCS Oil and Gas Leasing Proposed Program. This is a short-sighted political decision of an administration influenced by the radical and extreme minority devoted to keeping fossil fuels in the ground. The removal is not based upon science or good energy policy, and will certainly inhibit the economic opportunities and energy security of our country. “It is difficult to put into words how wrong and anti-energy this decision is. By not taking the long-term view, the administration sells US consumers short. Instead, they have determined they are content to let the rest of world lead in Atlantic offshore oil and natural gas development. This is the wrong direction in efforts to continue the US march towards energy independence. Contrary to the alarmist and scientifically inaccurate rhetoric of anti-fossil fuel groups, the fact remains that offshore oil and gas operations are conducted safely around the world on a daily basis, while technology and safety measures continually advance. Moreover, experience has shown that offshore development does not conflict with, but rather complements, rich tourism and fishing industries. For decades, these industries have coexisted and thrived in the Gulf of Mexico. There was no valid reason to think the Atlantic would be any different....more

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