NOIA Commends Passage of HR 1231, Reversing Moratorium

Friday, May 13, 2011

National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement following the approval of HR 1231, `Reversing President Obama’s Offshore Moratorium Act':

 
“With the passage of HR 1231, the Reversing President Obama’s Offshore Moratorium Act, the House of Representatives showed they are listening to the American people.  Average working Americans know that our long term energy solution includes increased exploration for oil and natural gas off our shores and this bill would expedite increased exploration and the setting of production goals  from those offshore areas. 
 
“Every step we make today in assuring the United States is willing to compete with other countries, such as Cuba and Brazil,  by providing opportunities to develop our own offshore oil and natural gas resources consistently and safely has an immediate effect in calming the international oil market. 
 
“Furthermore, sending a strong signal that we are open for business and eager to create thousands of new jobs does far more to bring down the price at the pump than does putting more taxes on the oil and natural gas industry.  Taxing a business, whether it is gold mining, farming or oil and gas, will only increase the price of gold, food or fuel. 
 
“Today’s legislation along with HR 1229 and 1230, which were also recently passed by the House, go a long way toward increasing home grown offshore energy production, increasing jobs, and increasing economic and domestic energy security. We encourage the Senate to join the House and turn its focus to passing these three offshore energy bills before the Memorial Day recess.”

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

OMB - Subchapter M Cleared for Publication

The Office of Management and Budget (OMB) completed its review of the draft final rule entitled Inspection of Towing Vessels, also known as "Subchapter M." The

Tanker Departs Libya Empty amid Political Crisis

A tanker that an oil company set up by Libya's eastern government prevented from loading has left the eastern port of Marsa el-Hariga, a port official said on Wednesday.

Maersk Mulls Acquisitions after Surprising Profit

Fragmented sector chasing alliances to cut costs; Maersk has plenty of cash for deals - CEO. A.P. Moller-Maersk returned to profit at its main container shipping business in the first quarter,

Offshore

ABB Transformers for the Most Powerful Wind Turbines

ABB will deploy 40 special transformers to equip wind turbines for an offshore wind farm in the Irish Sea. The MHI Vestas Offshore Wind turbines are 195 m (640

Two ODCs Loaded at Hamburg Port

On 25 April, two Over-Dimensional-Cargos (ODC) tanks manufactured by Chart Ferox were loaded by Wallmann & Co., the long-established Hamburg company specializing in handling heavy lift cargoes.

Wind-powered Oil Recovery Project Green-lighted

The DNV GL-led WIN WIN Joint Industry Project (JIP), which melds offshore wind with offshore oil and gas, shows that for suitable fields,finds that  wind-powered

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Sonar Winch
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: 0.0835 sec (12 req/sec)