Obama’s Energy Strategy Doesn’t Go Far Enough

By Eric Haun
Thursday, May 29, 2014
Randall Luthi

Announcing its “All-of-the-Above” energy strategy today, the Obama Administration rightfully celebrates the United States’ new position as the largest global producer of energy but fails to acknowledge Federal actions that could bring even more resources to market., National Ocean Industries Association (NOIA) said today in a press announcement.

“NOIA shares the President’s conviction that domestic energy production, whether from wind, oil or natural gas, produce tremendous benefits for the nation. These come in the form of increased jobs, cheaper energy costs, increased manufacturing, and enhanced national energy security,” explains NOIA President Randall Luthi.

“Why then,” ponders Luthi, “has the Administration been content to let these tremendous gains accrue almost exclusively from private lands? Why is the Administration so content to let vast swaths of public lands remain off-limits to responsible development? Today’s report rightly points out the tremendous safety advances in offshore oil and natural gas production implemented since 2010, yet no additional acreage is under consideration for oil and natural gas development on the Outer Continental Shelf.“

“It is time for the Administration to step up with actions that complement the accolades it seeks for increased domestic energy production,” Luthi continued. “NOIA calls on President Obama to substantially increase the offshore acreage to be considered in the next 5-Year Leasing Plan, to expedite the permitting that will allow additional seismic surveys to move forward in the Atlantic, and to clear the regulatory hurdles that have delayed Arctic offshore energy exploration for over a decade.”

“It is encouraging to see that the Administration understands the benefits of increased domestic energy production. The next step is for the Federal government to maximize development of the resources on public lands, particularly offshore, securing our nation’s status as the world leader in oil and natural gas production for future generations.”

noia.org
 

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

Environmental

Steven Palazzo Visits HII, Newport

Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi,

Environmental Groups: IMO Polar Code Too Weak

The International Maritime Organization (IMO) today adopted the Polar Code aimed at regulating shipping in Polar Regions. Several environmental groups have criticized

Bouchard Vessels Honored by SCA

Forty-three Bouchard Transportation Co., Inc. vessels have been honored by The Chamber of Shipping America (CSA) with Certificates of Environmental Achievement.

Energy

China Defies U.S. Plea for Restraint in South China Sea

China on Monday hit back at "irresponsible remarks" from the United States which has called on Beijing to stop a land reclamation project in the disputed South

Maersk Drilling gets Extension for Jack-Up

Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk. Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.

India Seeks Private Cash for Intermodal Bridge

Rail system needs more tracks and wagons; Not enough coal gets from port to power stations. India is targeting up to $1 billion of private investment by 2017

News

Interferry Welcomes IMO Decision on LNG Fuel Tank Placement

Interferry has welcomed a decision at last week’s IMO Maritime Safety Committee meeting (MSC94) setting out rules for the location of fuel tanks on LNG-powered ships,

Egypt Eyes Suez Container Port Renegotiation

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,

Maersk Drilling gets Extension for Jack-Up

Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk. Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.

Government Update

Egypt Eyes Suez Container Port Renegotiation

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,

China Defies U.S. Plea for Restraint in South China Sea

China on Monday hit back at "irresponsible remarks" from the United States which has called on Beijing to stop a land reclamation project in the disputed South

India Seeks Private Cash for Intermodal Bridge

Rail system needs more tracks and wagons; Not enough coal gets from port to power stations. India is targeting up to $1 billion of private investment by 2017

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2227 sec (4 req/sec)