Energy Workforce: Biden’s Gulf of Mexico leasing auction “detrimental” to U.S. energy supply
(WO) – Energy Workforce & Technology Council released the following statement rebuffing the newly finalized Department of Interior 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Program. The program holds the fewest oil and gas leases in United States History.
Only three oil and gas lease sales are scheduled for the Gulf of Mexico Program Area in 2025, 2027 and 2029, a sharp departure from the previous plan’s 11 lease sales.
“There is no doubt that this action will have a detrimental impact on energy supply for the United States,” said Energy Workforce President Tim Tarpley. “Limiting Americans access to their offshore energy resources not only threatens our energy security but harms the American workforce and economy.”
The U.S. Outer Continental Shelf is estimated to hold 90 Bboe and 327 Tcfg. If developed, these resources could create more than 800,000 American jobs, spur nearly $450 billion in private-sector spending, and generate more than $200 billion in revenue for federal and state governments. In terms of the workforce, the decrease in lease sales jeopardizes the jobs of more than 370,000 American energy workers.
Previously, Energy Workforce has submitted formal comments to the Bureau of Ocean Energy Management (BOEM) on this program, testified on Capitol Hill in support of legislation that would increase the number of lease sales, and supported policy proposals that will ensure America is never in a position to be energy reliant on a foreign nation.
Lead image source: bp
