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Showing posts with label offshore. Show all posts
Showing posts with label offshore. Show all posts

Friday, July 30, 2010

New Poll: Americans Support Energy Production, Oppose Unfair Taxes by a 3-1 Margin

/PRNewswire/ -- A new survey released today by the American Energy Alliance (AEA) found that 77 percent of registered voters oppose efforts in Congress to tax American companies twice on income earned abroad. The poll also found that 3 out of 4 Americans agree that our energy companies should be allowed to continue offshore exploration for energy and, separately, that we should increase U.S. oil production.

"These results may not be what the leaders on Capitol Hill want to hear, but it is no surprise that even with the tragic events unfolding in the Gulf, Americans recognize the realities of our nation's economy, the abundance of energy still available here in the U.S., and the overall exemplary safety record of our nation's drillers," AEA president Thomas Pyle said.

"AEA recently commissioned a study that showed 12,000 jobs would be lost and $2.8 billion in economic activity with it, because of the Administration's six-month moratorium in the Gulf. This unpopular and unnecessary ban is costing more jobs every day and will cost every American in terms of higher energy prices and increased reliance on energy from unstable foreign regimes. Again, we urge the Administration to listen to the American people and reopen the Gulf to responsible energy development."

The survey, conducted by Jan R van Lohuizen from Voter/Consumer Outreach, comes at a time when the President and Congress are attempting to pay for environmental and other pet projects on the backs of American oil and gas companies. Two specific changes to the tax code included in the President's 2011 budget and under discussion on Capitol Hill would have the impact of increasing the cost of energy in the U.S. and could lead to even more job losses in the energy sector. The U.S. currently taxes the global income of its international companies, but provides a credit against domestic tax liability on that income in hopes of keeping American companies from being "double-taxed" on their overseas earnings. Targeting our own energy producers with this double-tax will weaken American energy companies' ability to compete with foreign energy companies.

Additionally, policymakers are looking to repeal Section 199 tax provisions which gives all businesses that manufacture goods within the U.S. an incentive to grow their U.S. operations and hire more U.S. workers. Some in Washington are attempting to repeal these provisions just on the oil industry, essentially discriminating against energy jobs. Today, the energy industry employs some 9 million workers. However, many of these jobs could be in jeopardy if the Administration and Congress continue the drilling moratorium and impose new and onerous taxes on these companies.

The survey also found that Americans overwhelmingly oppose new regulations on the energy industry and, instead, support efforts to better enforce existing laws (16%-75%).

The poll was commissioned by Save U.S. Energy Jobs, a project of the American Energy Alliance - a free market energy advocacy organization. To learn more and get exclusive information on upcoming projects, follow Save U.S. Energy Jobs on Twitter and Facebook.

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Tuesday, July 20, 2010

IADC Applauds Senators' Leadership in Opposing Federal Drilling Moratorium

/PRNewswire/ -- The International Association of Drilling Contractors (IADC) applauds the leadership of three United States Senators: David Vitter (Louisiana), John Cornyn (Texas), and Roger Wicker (Mississippi), who are opposing the federal moratorium on offshore permitting and drilling activities announced on July 12 by Secretary of the Interior Ken Salazar. Last week the three Gulf Coast senators sponsored legislation (S. 3588) to lift the offshore drilling and permitting moratorium for companies that have complied with the new safety and inspection requirements issued by the Department of the Interior.


"The men and women whose livelihoods depend on the offshore oil and gas exploration and production industry in the Gulf of Mexico deeply appreciate the efforts of our legislators to lift the drilling moratorium," said IADC President Dr. Lee Hunt. "Industry representatives have communicated to the Interior Department and Congress our industry's strong commitment to rigorous requirements for well design, enhanced training, and adoption of safety case requirements for Mobile Offshore Drilling Units (MODUs). We are dismayed by the continued blanket suspension of deepwater drilling in the U.S. Gulf of Mexico. Lifting the moratorium is critical to tens of thousands of jobs in the deepwater industry and to the oil and gas service sector in the Gulf Coast region and throughout the country."

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Tuesday, September 22, 2009

CEA Urges Senate to Adopt Commonsense Offshore Energy Exploration Provision

/PRNewswire/ -- As the U.S. Senate considers an appropriations measure setting aside funds for the U.S. Department of the Interior, Sens. David Vitter (La.), Jim DeMint (S.C.) and John Barrasso (Wyo.) are working to include an amendment in the bill that would streamline and advance energy development along our nation's outer continental shelf (OCS). Consumer Energy Alliance, which has played a leading role in generating over 150,000 of the more than 350,000 favorable public comments to Secretary Ken Salazar in support of expanded offshore energy production, has urged the Senate to adopt this commonsense provision that would increase domestic energy production, helping to drive down and stabilize prices for American consumers.

CEA president David Holt issued the following statement:

"Our energy security, the price American consumers pay at the pump, and the much-needed jobs and revenues created through environmentally-sound, 21st century offshore energy development must be addressed head-on. This commonsense amendment helps do that, and it deserves strong bipartisan support in the U.S. Senate.

"This amendment, coupled with the overwhelming support that the American people delivered to the Interior Department for expanded offshore energy production yesterday as the 5-year comment period came to an end, should continue to send a strong message to the policymakers that decisive action is needed to help meet our growing energy needs, put Americans back to work, raise revenues for the local, state and federal governments and help get the U.S. economy rolling again."

CEA has participated in over 100 events over past three months focused on responsibly increasing American energy production, while ensuring environmental safeguards. Early indications suggest that favorable comments to the Interior Department handily surpass those in opposition to American energy production, which would be in line with virtually all public opinion polling.

Over the past several years, public comments to the Interior Department have overwhelmingly favored increased offshore energy production. During the 2006 period, 72 percent of comments received during four separate comment periods favored increased energy production offshore. In 2008, 53 percent backed domestic OCS energy exploration. And, early indications from yesterday's close of the public comment period, favorable comments will once again lead groups who are opposed to sensible offshore development by a sizeable margin. American consumers once again voiced clear support for increased energy production.

For more information, visit www.consumerenergyalliance.org.

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Monday, September 21, 2009

Isakson, Chambliss Urge Administration to Open New Areas for Natural Gas, Oil Development

Expansion Would Create Jobs, Lessen Dependence on Foreign Oil

U.S. Senators Johnny Isakson, R-Ga., and Saxby Chambliss, R-Ga., today joined with 33 of their Senate colleagues in a bipartisan letter to the Administration expressing their strong support for a proposal by the Minerals Management Service to open up new offshore areas for natural gas and oil leasing and development.

“Environmentally responsible exploration of our offshore oil and natural gas resources is a critical part of a comprehensive policy that will enable the United States to become energy independent,” Isakson said. “I hope Secretary Salazar and President Obama will move quickly to utilize these resources, which are important to our national security and economic well-being.”

“It’s important that we utilize all of our domestic energy sources in an environmentally friendly way so that America can become energy independent,” said Chambliss. “Moving forward with the proposed program to lease areas in the Outer Continental Shelf for oil and gas exploration and development is a step in the right direction.”

The full text of the letter to Interior Secretary Ken Salazar is below:

Dear Mr. Secretary:

We are writing to convey our strong support for the Draft Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program (DPP) proposed by the U.S. Minerals Management Service (MMS). By opening up new offshore areas for natural gas and oil leasing and development and also allowing for the development of renewable energy as proposed in the DPP, the Department of the Interior can provide the United States with an opportunity to responsibly produce our own energy. This development will bolster our nation’s economy, create new jobs and decrease our dependence on foreign sources of energy.

It is more important than ever that the federal government allow for development of domestic offshore energy supplies made available in the DPP. By offering new leasing opportunities, the DPP is appropriately expansive and provides the Department with maximum flexibility to properly utilize our nation’s domestic resources.

Now is the appropriate time to promote long-term policies that responsibly encourage job creation while growing the economy. Important offshore areas, like those in Alaska, offer tremendous natural gas and oil resources. By some estimates, the Chukchi Sea alone off Alaska’s coast contains as much natural gas and oil as the country has produced in the Gulf of Mexico since 1942.

Additionally, we urge MMS to move forward with the 2007-2012 Leasing Program while working to approve and finalize the new DPP. Implementing a sensible, forward-thinking energy policy will allow for responsible leasing and development of America’s energy resources and will help industries and businesses here at home that rely heavily on natural gas and crude oil. It will also further our national security and energy security interests and, of course, spur jobs and economic growth as we open new areas to leasing and development.

In conclusion, we are pleased to see that the MMS has included new leasing areas in the DPP and has acknowledged the need for the United States to begin responsibly developing the abundant energy resources located off our coasts. We believe that the DPP is an important step in creating a robust, diverse, national energy policy which will help secure our energy future.

We urge you to move forward on the DPP as you work to finalize a new five-year OCS plan. Thank you for your attention to this important matter. Please do not hesitate to contact us if we can be of assistance to you.
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