PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Letter to President Obama: Finalize 2017-2022 Outer Continental Shelf (OCS) Oil and Gas Leasing Program

By at 3 November, 2016, 3:27 pm

In a letter sent to U.S. President Barack Obama and Interior Secretary Sally Jewell, groups – including the Small Business & Entrepreneurship Council – and  representing consumers, businesses, and manufacturers from across the country urged the Obama administration to preserve its proposed 2017-2022 offshore oil and natural gas lease sales for the Gulf of Mexico and Alaska’s Beaufort and Chukchi Seas and Cook Inlet without any additional removals and not to take any executive actions that would remove these or any other areas from consideration under future offshore leasing programs. A decision on the 2017-2022 leasing program is expected in November.

In the letter, the organizations noted that domestic offshore oil and natural gas development helps a diverse range of interests across the U.S. economy more affordably and reliably meet their energy needs, while supporting hundreds of thousands of jobs and our environmental security. They went on to say that offshore development also generates tens of billions of dollars in economic activity and government revenue, and safeguards U.S. national security by reducing our exposure to geopolitical uncertainty and decreasing our dependence on foreign sources of energy.

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