Energy Trades Condemn Biden Administration's Baseless Restrictions on Offshore Energy Operations
202.682.8114 | press@api.org
WASHINGTON, July 21, 2023 — The American Petroleum Institute (API), EnerGeo Alliance and National Ocean Industries Association (NOIA) today released the following statement in response to the announced Stipulated Stay Agreement in Sierra Club v. National Marine Fisheries Service:
"The men and women of America's energy industry take seriously their responsibilities to the communities and the environment where they live and work. This private settlement agreement between the federal government and environmental activists places unfounded restrictions on operations in the U.S. Gulf of Mexico that severely hamper America's ability to produce energy in a region that is responsible for the lowest carbon-intensive barrels in the world. Despite no evidence to warrant this far-reaching ban on operations after extensive data collections, today’s agreement undermines the integrity of legitimate conservation and habitat protection efforts, violates the explicit directives of Congress in enacting the Inflation Reduction Act, and harms America’s energy independence."
API represents all segments of America’s natural gas and oil industry, which supports nearly 11 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Our approximately 600 members produce, process and distribute the majority of the nation’s energy, and participate in API Energy Excellence®, which is accelerating environmental and safety progress by fostering new technologies and transparent reporting. API was formed in 1919 as a standards-setting organization and has developed more than 800 standards to enhance operational and environmental safety, efficiency and sustainability.
https://www.api.org/news-policy-and-issues/news/2023/07/21/energy-trades-condemn-administrations-baseless-offshore-restriction
