IPAA slams federal plan to shrink sanctioned offshore-drilling lease zones

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The Independent Petroleum Association of America (IPAA) recently joined other industry voices in condemning the Obama administration’s intention to reduce the areas included in the offshore oil and gas leasing program for 2017-2022.

“The United States has undergone an energy renaissance that has created millions of well-paying American jobs; strengthened our national energy security; generated billions of dollars in much-needed revenue to fund local, state and federal economies; and has allowed consumers to enjoy the positive benefits of affordable, reliable American energy,” IPAA Senior Vice President of Government Relations and Political Affairs Dan Naatz said. “The Obama administration’s latest decision to take vital energy resources off the table is shortsighted and will reverse the tremendous progress of hard-working men and women over the last several years.”


The IPAA was joined by the American Petroleum Institute (API), the National Ocean Industries Association (NOIA) and six other trade associations that submitted joint comments on the proposed program.

 “America needs a robust offshore energy program that best utilizes the energy-rich resources we have right here at home, balancing thoughtful environmental protections and the tremendous economic and consumer benefits that come along with it,” Naatz said. “Why keep these plentiful resources, which are still needed for years to come, off limits? We strongly urge the president to keep all areas of the offshore available for future consideration.”

 

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Independent Petroleum Association of America

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