National Ocean Industries Association President Erik Milito issued the following statement after Secretary of the Interior Doug Burgum announced the next steps in a new offshore oil and gas leasing program:
'We applaud Secretary Burgum and the administration for taking decisive action to launch the 11th National Outer Continental Shelf Oil & Gas Leasing Program - a critical step toward restoring long-term certainty and stability for the Gulf of America’s offshore energy sector.
'The Gulf of America - and the broader American offshore - plays an essential role in powering the nation, contributing nearly $33 billion to the U.S. economy each year, supporting close to 400,000 jobs, and reinforcing our energy security. A robust leasing program ensures continued investment, innovation, and global leadership in safe, responsible offshore energy production.
'We look forward to working closely with policymakers to advance this process and secure a strong, reliable energy future for all Americans.'
Source: NOIA
