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Thursday, May 5, 2011

CEA Applauds House Vote to Develop Offshore Energy Resources

CEA Applauds House Vote to Develop Offshore Energy Resources

Thursday, May 05, 2011
Consumer Energy Alliance

New access to abundant energy resources offshore could soon be granted to American energy consumers thanks to historic legislation passed Thursday in the U.S. House of Representatives.

The bill, H.R. 1230, orders the Interior Department to conduct lease sales on four separate energy-rich tracts along our nation's Outer Continental Shelf (OCS) — two in the central Gulf of Mexico, one in the western Gulf, and one more than 50 miles off the coast of Virginia.

Following the vote, Consumer Energy Alliance (CEA) executive vice president Michael Whatley issued the following statement:

"Today's vote in the House essentially asks the administration to do what it should have done a long time ago. It compels the Interior Department to put in place a plan to get fair value for the taxpayer on the massive reserves of energy currently being held captive offshore — resources that are owned by all Americans and which our country needs access to now more than ever before.

"It's now incumbent on the Senate to follow suit, not only in view of the new jobs and additional revenues that such an action would create, but also with an eye on bringing more American energy online for consumers, lowering prices and reducing imports in the process."

Earlier this month, CEA launched a campaign designed to empower everyday Americans with the tools they need to ensure their voices are heard in Washington. The campaign, coined More Energy Now, also includes an online feature capturing the up-to-date status of America's growing reliance on foreign energy — along with a rolling counter of how much Americans are currently sending overseas to acquire the energy they need.

Consumer Energy Alliance (CEA) is a nonprofit, nonpartisan organization, comprised of more than 160 affiliate members, including energy consumers and producers, and tens of thousands of consumer advocates, that supports the thoughtful utilization of energy resources to help ensure improved domestic and global energy security, stable prices for consumers and balanced energy policy for America.

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