For Immediate Release: Thursday, April 2, 2020
Contact: Justin Williams, (202) 465-8464, jwilliams@nullnoia.org
President Trump's Diplomatic Efforts Vital for U.S. Energy Competitiveness
Washington, D.C. - NOIA President Erik Milito issued the following statement after President Trump announced expected oil production cuts by Russia and Saudi Arabia:
"President Trump's diplomatic outreach and attention to diffusing the oil price war between Saudi Arabia and Russia is welcome news for American energy workers and energy consumers around the world. The American energy industry, including the offshore, provides safe and environmentally-responsible oil and natural gas that makes our modern lives possible. But we are only a few short years removed from one historic downturn. Without continued and sustained efforts to address the current crisis, American energy production, including the countless companies along the Gulf Coast that keep American energy flowing, would face existential pressures.
"While we still have a long way to go to ensure the survival of U.S. energy businesses and jobs, today brings a bit of hope. NOIA encourages President Trump and Congress to build on this progress and continue their energy leadership."
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The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.