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Statement by Chris John, LMOGA President:
“We are extremely pleased to see this administration and BOEM take offshore oil and gas development seriously and recognize that expanding access to other OCS areas is critical to our nation’s energy security and our economy.
Louisiana is a perfect example of how a robust offshore oil and gas industry can provide significant benefits to our local, state and national economies while at the same time balancing other stakeholder interests. The offshore industry has a $44 billion economic impact on the State of Louisiana. Combining the offshore sector with related pipeline and refining activities, the oil and gas industry has a $70 Billion total annual impact to Louisiana. According to the Department of Interior, it is believed that over $1 trillion in net economic value is associated with development of the Gulf of Mexico over the past 20 years and the federal government has collected over $150 billion in offshore revenues.
The Gulf of Mexico is an example of how our country can explore and produce American energy while also balancing the needs of other stakeholders such as some of the best hunting, fishing, wildlife watching and tourism. Louisiana’s success in effectively achieving that balance is a shining example of what the United States can achieve in other federal offshore areas. LMOGA looks forward to being part of the federal process to see increasing access become a reality on our path towards American energy dominance.”
Hope comes in all shapes and sizes. Throughout the Obama administration, the oil and gas industry and supporting communities beat the drum for expanded offshore production, knowing America has a real shot at energy independence if given the chance to make use of our own bountiful resources. Unfortunately, that administration's Outer Continental Shelf (OCS) oil and gas leasing plans fell short of our hopes, keeping 94 percent of America's OCS waters "off limits" to development.
President Trump gave us new hope this spring, however, in a surprise announcement authorizing the Department of the Interior to reopen and re-evaluate the 2019- 2024 Five-Year Lease Plan, starting with a comment period that ended Aug. 17. The re-evaluation process will likely continue over the next year and a half, but we are hopeful grassroots support for OCS expansion can produce real change in the government's offshore leasing program beginning in 2019.
BATON ROUGE, La. (September 20, 2017) –The Water Institute of the Gulf is embarking on a new study with the Port of Lake Charles to identify sediment sources in the Calcasieu Ship Channel and to find the best way to use channel dredged material to protect critical infrastructure at the port.
The $360,000 contract approved by the port in late August tasks the Institute with better understanding how sediment moves through the Calcasieu Ship Channel and to evaluate alternative locations to find long-term and realistic dredge disposal sites. Primarily due to the increase in liquified natural gas, it’s predicted that ship traffic will double by 2023.
A $100,000 oil company grant will more than double the capabilities of a project that tracks radio-tagged birds throughout south Louisiana’s wetlands.
ConocoPhillips donated the money to the Louisiana Department of Wildlife and Fisheries. The grant will help fill in the gaps of the Coastal Louisiana Array Project.
Every day, a countless number of folks get out of bed and go to work providing the energy America needs to prosper. We do this with little fanfare and most often unnoticed. Focusing on delivering safe and affordable energy to the American people is in the forefront of our concerns. Yet, in times of adversity, the oil and gas industry always steps up to plate and delivers. This is exactly what happened as Hurricane Harvey took dead aim at our coast.
Hurricane Harvey walloped sections of southeast Texas and southwest Louisiana with hurricane winds and historic flooding. Our thoughts and prayers, as always, are extended to the people that were impacted by this storm. As soon as Harvey made its way out of the impacted areas, the oil and gas industry took swift action. The response was prompt and impressive. As I worked with our members during the initial recovery, I found that LMOGA member companies had already donated nearly $34 million dollars to the recovery efforts.