President Barack Obama on Tuesday (Dec. 20) designated the bulk of U.S.-owned waters in the Arctic Ocean and certain areas in the Atlan... Read More
May 3, 2017
As the United States, and the world, enters a long era of increased energy demand we need more than just onshore shale oil and natural gas to meet our energy needs. We will need to make the best possible use of all our resources, including an increased program of offshore leasing that will lead to greater economic strength. President Trump's recent executive order designed to open more offshore areas to oil and natural gas exploration and production is a great first step.
Oil and natural gas producers can recover enough resources to serve energy needs both in the United States and abroad. In fact, the U.S. is now the world's largest producer of oil and natural gas even as carbon dioxide emissions are at 20-year lowsthanks to increased production of natural gas for electricity generation.
However, environmental activists, with their long history of indifference to basic energy needs, now threaten once again to curtail arbitrarily America's production of oil and gas by misinterpreting the Outer Continental Shelf Lands Act. They convinced former President Obama to block, in the final weeks of his term in office, access to resources in certain areas off the coast of Alaska as well as in some Atlantic coast areas.<- Go Back