Documents/RPP2012/35: Oil & Gas

35: Oil & Gas

Pursue our oil and gas resources both on and offshore.

Other Information:

All estimates of America’s oil and natural gas reserves indicate an incredible bounty for the use of many generations to come. At a time when unemployment has been above 8 percent for 42 consecutive months, the longest stretch since the Great Depression, and some 23 million Americans are either unemployed, underemployed, or have given up on finding work, we should be pursuing our oil and gas resources both on and offshore. It is nonsensical to spurn real job creation by putting almost all of our coastal waters off limits to energy exploration, while urging other nations to explore their coasts. We call for a reasoned approach to all offshore energy development on the East Coast and other appropriate waters, and support the right of States to a reasonable share of the resulting revenue and royalties. We support opening the Outer Continental Shelf (OCS) for energy exploration and development and ending the current Administration’s moratorium on permitting; opening the coastal plain of the Arctic National Wildlife Refuge (ANWR) for exploration and production of oil and natural gas; and allowing for more oil and natural gas exploration on federally owned and controlled land. We support this development in accordance with applicable environmental, health and safety laws, and regulations.

Objective(s):