January 2015, Vol. 242, No. 1

Projects

Studies Show Potential Of Untapped Offshore Areas

Studies by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits to the United States if the eastern Gulf of Mexico and the Pacific outer continental shelf (OCS) were opened to offshore oil and natural gas development. “The U.S. oil and gas industry is already a major source of jobs, economic activity, revenue to state and federal governments, and affordable and reliable American energy for American consumers,” said NOIA President Randall Luthi. “We can do much more of the same with more access to the OCS.” All three areas – the eastern Gulf of Mexic

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