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Energy Tomorrow Blog

Gulf Lease Sale Good, But We Need to Explore New Areas

offshore leasing plan  gulf of mexico  us energy security  economic benefits  access 

Mark Green

Mark Green
Posted May 2, 2018

The most recent federal Gulf of Mexico oil and natural gas lease sale was described in some media reports as “disappointing,” “modest” and “tepid.” But there’s another, more positive way to look at it.

First, every offshore lease sale the federal government holds is welcome by industry, because each represents new opportunity for the market to work as it should – with companies making investment decisions based on the potential for significant natural gas and oil production.

A more important point underscored with the Gulf sale is one we’ve been making for some time – that the federal government needs to make available new offshore areas for study, research, exploration and development.


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Let’s Hear It: The Benefits of Safe Offshore Energy

offshore leasing plan  consumers  economic growth  safe operations  us energy security 

Mark Green

Mark Green
Posted February 8, 2018

As a nation, we have a tremendous opportunity to safely and efficiently harness our offshore natural gas and oil reserves. Here are three important points that should be prominent during the public hearing phase of the process to develop the next federal offshore leasing plan.

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Offshore 101: Energy for America’s Future Security

offshore leasing plan  offshore energy development  safe operations  us energy security  jobs 

Mark Green

Mark Green
Posted December 11, 2017

Soon, the Interior Department is expected to release its draft offshore leasing program that will shape natural gas and oil development on the federal outer continental shelf (OCS) for the next five years, 2019-2024. Recognizing that the leasing program only outlines where lease auctions could be conducted, let’s take a look at some offshore basics to provide full context to a process that’s critically important to our country’s future energy security.

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Connect Offshore Policy With America's Energy Reality

offshore energy development  offshore leasing plan  safe operations  us energy security  economic growth 

Mark Green

Mark Green
Posted October 12, 2017

What we see here are the outlines of a serious disconnect between current U.S. offshore policy and reality – that with the U.S. and the world projected to see significant growth in energy demand, the United States has more than 90 percent of its offshore reserves locked away, unavailable even for the studies and tests needed to determine the potential size and location of those reserves.

Given the long lead times needed to develop the offshore, the United States’ current policy posture needs a course correction. 

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Go For ‘Robust’ in New Offshore Leasing Program

offshore leasing  offshore energy  safe operations  us energy security  eastern gulf of mexico  atlantic ocs 

Mark Green

Mark Green
Posted August 18, 2017

Here’s the case for expanded opportunity within a new offshore oil and natural gas leasing program that federal officials are assembling: Safely developing American oil and natural gas on the outer continental shelf (OCS) is vital to the United States’ long-term energy and national security; we need new access to offshore areas, such as the Eastern Gulf of Mexico. Including them in the federal five-year plan will allow surveying to determine the location and size of oil and gas reserves; safe oil and natural gas production on the OCS could significantly boost local, regional and state economies; and advanced technologies, strong industry standards and a robust regulatory system work effectively together to protect workers, communities and the environment.

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Opening a New Era for U.S. Offshore Energy

offshore energy  offshore leasing plan  us energy security  economic growth  jobs 

Mark Green

Mark Green
Posted June 29, 2017

The Trump administration is taking the first step to more fully harness the United States’ offshore oil and natural gas wealth, beginning work on a new five-year offshore leasing plan – the federal blueprint for future offshore development. It’s great news for America’s future energy security, for consumers and our economy.

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Offshore Energy Vital to Manufacturing, Energy Security

offshore energy development  offshore leasing  gulf of mexico  alaska  arctic  atlantic ocs 

Jack Gerard

Jack Gerard
Posted March 23, 2016

The Obama administration’s decision last week to eliminate the Atlantic from the next federal offshore leasing plan is a step backward for American energy policy. Despite bipartisan support in Congress and from voters in coastal states, the administration is doubling down on a shortsighted policy that keeps 87 percent of federally controlled offshore acreage off limits to energy exploration.

Expanding access to America’s energy resources – both offshore and onshore – is vital to our future energy security and economic growth.

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Offshore Plan a Key to America’s Energy Future

offshore energy development  atlantic ocs  offshore leasing plan  economic growth  jobs  us energy security 

Mark Green

Mark Green
Posted March 14, 2016

When BOEM releases its final program, perhaps this week, watch the Atlantic. A decision to keep the Atlantic lease sale in the five-year plan will say volumes about the administration’s view of offshore energy development. Erik Milito, API director of upstream and industry operations, joined representatives of two other organizations on a conference call with reporters to discuss the next leasing program:

“The possible benefits for developing oil and natural gas off of the Atlantic coast are numerous. The most promising areas for development run all the way from the coasts of Maine to Florida. Official government figures project the possibility of nearly 5 billion barrels of oil and over 37 trillion cubic feet of gas contained by this section of the Atlantic Shelf. This is American energy security, American jobs, U.S. government revenue and American GDP tied up by political red tape. This is a once-in-a-generation opportunity, stuck, off limits to future generations as it waits for forward-looking energy policy.”

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Offshore Development Crucial for Our Energy Revolution

offshore leasing plan  atlantic ocs  oil and natural gas development  boem  economic benefits 

Mark Green

Mark Green
Posted March 2, 2016

Last year, when federal officials released the proposal for the next five-year offshore drilling plan, we said the draft had some positive aspects but fell short of the kind of strategic offshore planning that would adequately serve America’s role as an energy superpower. We also noted strong support for offshore development by mid-Atlantic states, where operations could occur under the draft plan.

Fast-forward to this month, with the Bureau of Ocean Energy Management (BOEM) expected to reassess a plan that would be the blueprint for offshore energy development from 2017 through 2022. The need for a robust offshore leasing plan remains critically important – and the plan should retain the single Atlantic lease sale that was included in BOEM’s draft.

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Look Forward, Not Backward, on Offshore Energy

analysis  offshore energy  offshore leasing plan  atlantic ocs  outer continental shelf  oil and natural gas development  safe operations  boem  interior department 

Mark Green

Mark Green
Posted April 30, 2015

It’s noteworthy that there’s bipartisanship in Congress on offshore energy development. Last week a group of Republican U.S. House and Senate members signed onto a letter urging the Interior Department to increase access to energy reserves on the nation’s outer continental shelf. It follows a March 26 letter from Virginia’s two Democratic senators and a March 27 letter from a dozen House Democrats supporting offshore energy development.

Bipartisanship in Washington is quite a rare bird, so it’s significant to see it form around the need to develop domestic offshore energy.

Equally important: Strongly worded concern from the most recent letter’s signers that the draft 2017-2022 plan for oil and natural gas leasing offered by the Bureau of Ocean Energy Management not be weakened by removing any of the leasing areas in the proposal.

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