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We are hearing a lot about the Administration’s leadership in driving oil production up. The fact is that production on federal offshore and onshore areas is down.
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In response to the Gulf of Mexico (GOM) incident, the U.S. oil and natural gas industry launched a comprehensive review of offshore safety. Four Joint Industry Task Forces (JITFs) were assembled to focus on critical areas of GOM offshore activity: the Joint Industry Offshore Operating Procedures Task Force, the Joint Industry Offshore Equipment Task Force, the Joint Industry Subsea Well Control and Containment Task Force, and the Joint Industry Oil Spill Preparedness and Response Task Force.
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API has compiled a Fact Sheet to explain the case and the implications of the decision if the court’s decision were left standing and the views of those who filed the lawsuit were to prevail.
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The brief reports linked here will illustrate how the oil and natural gas industry takes many steps to assure that exploration and production operations offshore, onshore or in the Arctic can take place with very little environmental impact.
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More energy, good jobs and increased state revenue can be produced safely in offshore Virginia.
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See the latest claims and facts surrounding non-producing federal leases.
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Increasing access to domestic resources will mean more jobs, more revenues to help cash-strapped local, state and federal governments and greater energy security. With our economy in trouble, we need to take action now. API has assembled this fact sheet to highlight the need for access to America's domestic reserves.
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Facts About Non-Producing Leases
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API has assembled a primer to show the safety and efficiency of developing America's vast oil and natural gas resources.
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Does the government receive revenue from oil and gas development on public lands?
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