NOIA Statement on Trump’s SOTU Address: Increase Access to All Offshore Energy Sources for American Energy Greatness

NOIA Statement on Trump’s SOTU Address
Increase Access to All Offshore Energy Sources for American Energy Greatness

Washington, D.C. – National Ocean Industries Association (NOIA) President Randall Luthi issued this statement following President Trump’s State of the Union address:

“In his second State of the Union address, President Trump reiterated his bold vision for American energy dominance in conjunction with facilitating new energy infrastructure.  NOIA applauds the Administration’s efforts to date toward achieving American Energy Dominance and supports the hard work that remains to be done to continue our American energy revolution.

“The Administration initiated regulatory and tax reforms that are allowing more U.S. companies, including those in the offshore energy industry, to create American jobs, safely produce affordable American energy and compete globally.

“Recognizing that American energy dominance can only be achieved with a comprehensive all-of-the above energy policy, the Administration also initiated a Draft National Offshore Oil and Gas Leasing Program to maximize access to federal offshore areas. NOIA and our member companies look forward to providing meaningful feedback upon the release of the Proposed Program. The eventual Final Program, if fully realized, could create hundreds of thousands of new jobs, generate billions in new federal, state and local revenue and deliver affordable and reliable energy produced here in the U.S. under the toughest safety and environmental standards in the world.

“Finally, NOIA calls on the Administration to continue its record-breaking work towards building a robust U.S. offshore wind industry. Offshore wind is proving to be a bipartisan policy solution that is creating new jobs, stimulating economic development and generating revenue to the federal government while working synergistically with America’s strong offshore oil and gas industry. In order to secure America’s energy and economic future, we need an all-of-the-above energy policy that supports the development of geographically diverse offshore energy resources, both traditional and renewable.”