NOIA Statement on Trump’s SOTU Address

Wednesday, February 6, 2019

Increase Access to All Offshore Energy Sources for American Energy Greatness.

National Ocean Industries Association (NOIA) President Randall Luthi issued this statement following President Trump’s State of the Union address:

“In his second State of the Union address, President Trump reiterated his bold vision for American energy dominance in conjunction with facilitating new energy infrastructure.  NOIA applauds the Administration’s efforts to date toward achieving American Energy Dominance and supports the hard work that remains to be done to continue our American energy revolution.  

“The Administration initiated regulatory and tax reforms that are allowing more U.S. companies, including those in the offshore energy industry, to create American jobs, safely produce affordable American energy and compete globally.

“Recognizing that American energy dominance can only be achieved with a comprehensive all-of-the above energy policy, the Administration also initiated a Draft National Offshore Oil and Gas Leasing Program to maximize access to federal offshore areas. NOIA and our member companies look forward to providing meaningful feedback upon the release of the Proposed Program. The eventual Final Program, if fully realized, could create hundreds of thousands of new jobs, generate billions in new federal, state and local revenue and deliver affordable and reliable energy produced here in the U.S. under the toughest safety and environmental standards in the world.

“Finally, NOIA calls on the Administration to continue its record-breaking work towards building a robust U.S. offshore wind industry. Offshore wind is proving to be a bipartisan policy solution that is creating new jobs, stimulating economic development and generating revenue to the federal government while working synergistically with America’s strong offshore oil and gas industry. In order to secure America’s energy and economic future, we need an all-of-the-above energy policy that supports the development of geographically diverse offshore energy resources, both traditional and renewable.”

Categories: Energy People Offshore Energy Drilling Activity

Related Stories

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Indonesia Picks Winners for Six Oil and Gas Blocks, Puts Eight More on Offer

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Current News

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Iran Weighs US Response as Hormuz Reopening Talks Stall

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com