We Can’t Let the Biden Administration Ruin Our Offshore Energy Potential – Support Offshore Leasing Today!
The Biden Administration is putting offshore leasing and our energy future in jeopardy.
Offshore production in the Gulf of Mexico is vital to our energy security and a strong American oil and gas energy industry.
Efficient and reliable offshore exploration and production in this region provides us with the energy we need and does so in an efficient, low-carbon way.
JOIN US! Fill out the form below to support offshore leasing and a strong American-made energy economy.
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In fact, U.S. oil and gas produced in the Gulf of Mexico is among the lowest carbon-intensive barrels produced in the world.
But instead of standing behind a sector that:
- Provides energy for American consumers
- Supports jobs for over 300,000 workers
- Bolsters our national security
- Generates millions of dollars in tax and royalty revenue
the Biden Administration has chosen to jeopardize offshore leasing by delaying a 5-Year Federal Offshore Leasing Program.
There are real consequences to a loss in federal offshore leasing.
A recent study by the American Petroleum Institute found that a delay in the Offshore Leasing Program could result in a loss of nearly 500,000 barrels of production per day until 2040. This would also result in an average annual loss of $1.5 billion in government revenue that could be used for public education, infrastructure, conservation projects, coastal restoration, and hurricane protection programs. Furthermore, a decrease in offshore production could result in increased foreign imports and an increase in GHG emissions.
We’re calling for the Biden Administration to get to work on producing a 5-Year Federal Offshore Leasing Program that prioritizes American energy production. This would help meet the growing demand for affordable and reliable energy and support our country’s economy and national security.