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News and Media Releases
Call to Action!
Urge the development of Alaska’s abundant offshore oil and natural gas resources: Tell the federal government that our nation’s economic and energy security depends on producing these vital supplies.
Points to consider in your comments or verbal testimony:
- Rescinding the leases and allowing a de facto moratorium to continue will harm America’s economy and discourage future industry investment.
- Allowing leases to go forward from Sale 193 is critical to Alaska’s future economy and the nation’s long-term energy security.
- The Alaska OCS is a critical U.S. energy supply with up to 27 billion barrels of oil and 132 trillion cubic feet of natural gas potentially in place.
- Alaska OCS will create almost 55 thousand jobs per year, $145 billion in payroll, and roughly 200 billion in government revenue over 50 years.
- The Chukchi Sea is considered the most prospective unexplored offshore basin in the country.
- OCS production will bolster TAPS, which is now operating at one-third of its 1988 peak flow.
- Over 81% of Alaskans consistently support OCS activities.
- New offshore oil and gas development in Alaska would also generate thousands of new high-paying jobs throughout all 50 states – in manufacturing, computer technology, construction and maintenance.
- Oil and gas production resulting from Sale 193 will occur under the world’s highest safety and environmental standards.
- Industry has committed to unprecedented provisions for prevention and spill response that go above and beyond what is required by law.
- The North Slope and the offshore are now perhaps the most studied energy basins in America. In the past decade, over 250 studies have been funded in the Arctic, with the majority focused on the Beaufort and Chukchi Seas.
- Demand for energy is continuing to rise and will require continued development of America’s oil and gas resources as the nation transitions to the new energy sources of the future.
- Given the impact of high energy prices on Americans and their economy, the U.S. has an obligation to develop domestic energy sources, both onshore and offshore.