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 May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Registration for SHIPPINGInsight 2015 Now Open

Online registration is now open for the SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition.   Now entering its fourth year, SHIPPINGInsight is an

Transport Ministers Summit Kicks off in Germany

Key topics of this year’s summit will be centered on transport and climate change as a milestone to the COP 21 climate change conference in December 2015.   The

Globavista Launch Software Product Update

Globavista drives greater efficiency in vessel fleets by providing enhanced operational intelligence to fleet managers with new software product updates, the developer announced.

Energy

Two Hurt in Petrobras Platform Accident; Output Halted

Brazil's state-led oil company Petrobras was forced to stop output at its P-56 offshore oil production ship on Wednesday in the Marlim Sul field after an explosion

Dynamic Positioning Training Center Launched in Shanghai

C-MAR, an international marine and offshore services provider, and the Shanghai Maritime University (SMU) has officially launched the Dynamic Positioning training

US: South China Sea Reclamations Stoke Instability

China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.

News

Maersk Line Gets New Head in China

Maersk Line on May 21 announced that Mike Fang become the company's new chief of east - and central China. He joins with effect from 1 July 2015.    Fang has

HSH Nordbank Looking to Split Off Bad Shipping Loans

HSH Nordbank AG, the world’s second-largest financier of ships, plans to split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model,

Navios in Red, but Beats Estimates

Navios Maritime Holdings, vertically integrated seaborne shipping and Logistics Company, slumped to a loss in the Q1 although the result beat by $0.10 per share

Government Update

New Flag Program Honors US Merchant Marines

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced the launch of the United States Merchant Marine Flag Program, which will provide U.

Transport Ministers Summit Kicks off in Germany

Key topics of this year’s summit will be centered on transport and climate change as a milestone to the COP 21 climate change conference in December 2015.   The

Malaysia Orders Migrant Rescues, Thailand Says No to Shelters

Malaysian Prime Minister Najib Razak said on Thursday he had ordered the navy to conduct search and rescue missions for thousands of migrants adrift at sea as Thailand's

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction 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: 0.1698 sec (6 req/sec)