Offshore Access to America’s Oil and Natural Gas Resources
Increasing access to domestic sources of oil and natural gas would create new, good jobs when millions are still looking for work; bring billions of dollars to federal and state treasuries as governments are scrambling for revenue; reduce our balance of trade, and enhance America’s energy security. Access to offshore resources currently off-limits in the Atlantic and Eastern Gulf of Mexico will benefit all Americans by providing more oil and natural gas to fuel our economy and maintain our quality of life.
A balanced “all-of-the-above” energy policy will create jobs and spur investments in all forms of energy. A 2011 study by Wood Mackenzie estimated that exploring for and developing oil and natural gas currently off-limits could result in increased production in the amount of 4.2 million barrels of oil equivalent per day, support 420,000 jobs, and generate $313 billion for state and federal governments.
Read the articles online at http://www.americasoffshoreenergy.com
Download the Offshore Access PDF document.