Oil & Gas News

NOIA Statement on Gulf of Mexico Lease Sale 257 Court Ruling

National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the U.S. District Court for the District of Columbia vacated Gulf of Mexico Lease Sale 257.

2 NOIA Milito photoNOIA’s President, Erik Milito



"At a time of geopolitical uncertainty and rapidly rising energy prices, U.S. oil and gas production is more important than ever to curb inflation and to fortify our national security. The U.S. offshore region is vital to American energy security and continued leases are essential in keeping energy flowing from this strategic national asset. Uncertainty around the future of the U.S. federal offshore leasing program may only strengthen the geopolitical influence of higher emitting - and adversarial - nations, such as Russia.



"American investment, jobs, and infrastructure development continue to suffer because of the continued expansion of the bounds of the National Environmental Policy Act by the judiciary. It will be incumbent on the Administration to defend responsible U.S. offshore production and to take the necessary steps, including the development of a new U.S. offshore oil and gas leasing program, to ensure continued leasing and energy production from the U.S. Gulf of Mexico, for the benefit of all Americans."

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