NOIA Applauds Passage of HR 1230

Press Release
Friday, May 06, 2011

Washington, D.C. – The National Ocean Industries Association (NOIA) congratulates the U.S. House of Representatives for the bipartisan passage today of H.R. 1230, “Restarting American Offshore Leasing Now Act.”  If enacted by the full Congress and signed into law by the President, the bill requires that federal offshore lease sales that have been delayed start up again in the Gulf of Mexico and off the east coast of the United States.

“In this time of high fuel prices, the passage of this bill sends a strong message to the American consumer that the United States is willing to make every effort to provide more reasonably priced energy and more jobs,” said NOIA President Randall Luthi.  
 
In addition to providing more domestic energy, lease sales also provide billions of dollars in revenue to the Federal government each year, second only to federal revenues paid by the American taxpayer.   For example, in 2008 offshore oil and gas producers paid $9.4 billion in bonus bids and more than $1 billion in 2009.

On top of the environmental reviews conducted prior to a particular lease sale, additional environmental analysis will occur as plans are developed for actual exploration and production.

“Our member companies, which represent the full spectrum of offshore energy development, strongly support the passage of this bill which will provide thousands of American jobs and a more reliable, secure and homegrown source of energy,” said Luthi.
 

Source: www.noia.org

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Oceanteam Financial Transformation Aids 2013 Business

Diversified offshore shipping company Oceanteam's CEO, Haico Halbesma, writes in the Annual Report 2013 that it was a year of consolidation and operational focus for Oceanteam Shipping ASA.

Bayport Dredging a Step Closer; Barbours Cut Pending

The U.S. Army Corps of Engineers has furnished the Port Authority its draft permit for the Bayport Channel Improvement project, Executive Director Roger Guenther

Coast Guard groundbreaking ceremony recogizes new support facility

Representatives from the 14th Coast Guard District, Coast Guard Base Honolulu and Mortenson Federal Contracting Group participated in a groundbreaking ceremony

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1968 sec (5 req/sec)