Biden must accelerate development of offshore oil and gas program


Following Interior Deb Haaland’s announcement that the Biden administration would release the proposed schedule for the next five-year offshore oil and gas leasing program by June 30eNational Ocean Industries Association President Erik Milito said the Interior had 16 months to fulfill its legal obligation to develop and maintain an offshore oil and gas leasing program and had failed.

Haaland made the announcement during the Senate Energy and Natural Resources Committee hearing on Thursday.
“No other administration has failed in this way,” Milito said. “To date, every administration, whether Democratic or Republican, has recognized the critical strategic benefits of continued offshore oil and gas production in the United States, which are achieved through an uninterrupted national leasing program. “

The current obstruction and intentional delays in American energy development have devastating consequences for Americans at the gas pump, our national security, global geopolitics, our short- and long-term energy security, and good-paying jobs across country, he said.
“The ecosystem of companies large and small that are teaming up to produce barrels of low-carbon oil from the Gulf of Mexico for the benefit of American consumers are the same companies that are innovating solutions to address the climate challenge. We need an energy policy grounded in reality, that means we need policies that promote low-carbon energy and development of oil and gas supply here at home.

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