API lauds Senate’s support for offshore energy

A recent letter signed by three dozen U.S. senators to Interior Secretary Ryan Zinke received accolades from the American Petroleum Institute (API), which commended the backing of sustainable offshore development plans.

“We welcome the Senate’s support for an offshore leasing plan that will fully embrace our nation’s energy potential and provide enormous benefits to American consumers and businesses,” Erik Milito, API’s upstream director, said in a press release. “Developing our abundant offshore energy resources is a critical part of continuing the U.S. energy renaissance.”

Sen. Lisa Murkowski (R-Alaska), who serves as chair of the Senate Energy and Natural Resources Committee, spearheaded the communication to Zinke.

Milito added that API will continue to collaborate with elected leaders on policies “to help keep energy affordable for consumers,” noting that the domestic oil and natural gas sectors have substantially bolstered both the nation’s economy and its energy security.

“With eighty percent of American voters supporting increased domestic oil and natural gas production, it’s important that the next five-year plan includes the ability to explore our resources in the Arctic, Atlantic, and the Eastern Gulf of Mexico,” Milito said. “This would spur additional investment and economic activity, create thousands of jobs, provide billions in government revenue, and strengthen our national security.”




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