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

Legal

Ecuador Pays $112 mln Award to Chevron

Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said.

ASEAN in Discord Ahead of Meeting with top China, U.S. Diplomats

Southeast Asian nations were thrown into disarray after Cambodia on Saturday blocked them from issuing a statement referring to an international court ruling against

Cosco: No to Shark Fin

China's biggest shipping and logistics company Cosco has pledged a total ban on transporting shark's fins,  says SCMP. It called the move a "body blow" to the international shark's fin trade.

Offshore

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

Three Keppel Dredgers for Jan De Nul

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Repair 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: 0.0821 sec (12 req/sec)