Page 17 - The South China Business Journal
P. 17
July 2017
Chamber’s Energy
Institute Praises Trump
Administration Efforts to
Expand Offshore Energy
Development
Photo from bing.com
Karen Harbert, president and CEO of the U.S. Cham- 94% of it is off limits for production, depriving us of vast op-
ber’s Institute for 21st Century Energy, today issued the fol- portunities for consumers, businesses, and the entire economy.
lowing statement regarding efforts by the Trump administration Now, the Trump administration is stepping in to take immediate
to expand offshore energy development: action that will bring back production in parts of the Arctic and
Atlantic that were taken off limits, and also conduct a more com-
““On the campaign trail, candidate Trump promised that energy prehensive review of our offshore policies. We are hopeful that
this evaluation will lead to opportunities for production in the
was going to be a priority of his administration and President Mid-Atlantic, the Gulf of Mexico, including the Eastern Gulf of
Trump has made that a reality. Of all executive actions as well as Mexico, and expanded access in Alaska.
bills to repeal Obama’s midnight regulations, 20% have been fo-
cused on energy. Much remains to be done over the next several “ ”“We applaud the Trump administration’s actions today to take
years but, President Trump has made it clear that developing and
producing more American energy is a win for the economy and steps that will lead to greater development of our energy resourc-
for American families. We whole heartedly agree. es, which is good for our economy and for our security.”
““America is fortunate to have vast offshore energy resources
which could fuel the global economy for decades. Unfortunately,
15
Chamber’s Energy
Institute Praises Trump
Administration Efforts to
Expand Offshore Energy
Development
Photo from bing.com
Karen Harbert, president and CEO of the U.S. Cham- 94% of it is off limits for production, depriving us of vast op-
ber’s Institute for 21st Century Energy, today issued the fol- portunities for consumers, businesses, and the entire economy.
lowing statement regarding efforts by the Trump administration Now, the Trump administration is stepping in to take immediate
to expand offshore energy development: action that will bring back production in parts of the Arctic and
Atlantic that were taken off limits, and also conduct a more com-
““On the campaign trail, candidate Trump promised that energy prehensive review of our offshore policies. We are hopeful that
this evaluation will lead to opportunities for production in the
was going to be a priority of his administration and President Mid-Atlantic, the Gulf of Mexico, including the Eastern Gulf of
Trump has made that a reality. Of all executive actions as well as Mexico, and expanded access in Alaska.
bills to repeal Obama’s midnight regulations, 20% have been fo-
cused on energy. Much remains to be done over the next several “ ”“We applaud the Trump administration’s actions today to take
years but, President Trump has made it clear that developing and
producing more American energy is a win for the economy and steps that will lead to greater development of our energy resourc-
for American families. We whole heartedly agree. es, which is good for our economy and for our security.”
““America is fortunate to have vast offshore energy resources
which could fuel the global economy for decades. Unfortunately,
15