For Immediate Release: Contact: Nicolette Nye
Thursday, January 6, 2011 (202) 347-6900
Statement of NOIA President Randall Luthi on the Partial Final Report of the President’s Oil Spill Commission
WASHINGTON, DC – NOIA President Randall Luthi today issued the following statement in response to the partial report released by the President’s Oil Spill Commission.
“The partial report released today by the Commission points to a series of management decisions that eventually lead to the failure of the Macondo well. While these are serious and had dire consequences, what is more important to the future of the nation’s offshore energy is the conclusion that this blowout was not a statistical inevitability. That means the human failures that led to Macondo can and will be corrected. In fact, the offshore industry has already made changes in procedures and practices based on the lessons learned thus far and in response to new regulations. We look forward to seeing the full findings of the commission.”
NOIA is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the nation’s outer continental shelf. The NOIA membership comprises more than 270 companies engaged in business activities ranging from producing to drilling, engineering to marine and air transport, offshore construction to equipment manufacture and supply, telecommunications to finance and insurance.
The Offshore Oil & Gas Industry could help create 190,000 American
jobs and pump $45 billion into our economy in the next 2 years...
Recovery of American resources leads to the recovery of America's economy.