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08 25, 2021 by LMOGA
The Louisiana Mid-Continent Oil & Gas Association (LMOGA) issued the following statement regarding the Department of Interior’s announcement on next steps on the leasing program.
“LMOGA is encouraged by the Department of Interior’s decision to comply with the court order and make progress towards resuming federal lease sales, but we can’t ignore the negative impact the policy decisions of the past year have had on Louisiana,” said Tyler Gray, LMOGA President. “Offshore energy development and lease sales not only provide jobs to thousands of citizens, but the revenues generated also provide critical funding for local communities and coastal restoration.”
“While the case is under appeal and DOI’s review of the leasing program continues, we urge Interior to consider both the environmental and economic benefits of Gulf of Mexico energy production,” said Gray. “The Administration clearly recognizes the importance of oil production for the consumer as they encourage OPEC to increase production but fails to support American homegrown energy to meet consumer demands. We need smart, sound transitional policies to successfully achieve our climate goals that reflect the reality that long term demand for reliable sources of energy will continue to grow.”
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