(World Oil) – As the political landscape shifts with the election of President-elect Trump, the promise of American offshore energy remains unwavering. From the robust oil and gas production in the Gulf of Mexico to the burgeoning offshore wind projects, carbon capture and storage investments, and critical minerals sectors, American energy production continues to benefit every citizen, transcending political affiliations.
“NOIA congratulates President-elect Trump on his election victory and looks forward to working with his administration and the incoming Congress,” said Erik Milito, President of the National Ocean Industries Association (NOIA). “The U.S. offshore energy industry is an irreplaceable asset, providing homegrown energy security, jobs, economic opportunities, and billions in government revenue.”
The Gulf of Mexico’s oil and gas industry remains a cornerstone of our nation’s energy profile, ensuring both energy security and economic stability. “Moreover, the Gulf of Mexico provides a crucial geopolitical counterbalance to nations like Iran and Russia, reinforcing America’s energy independence and global influence,” Milito noted.
“It is not just an economic powerhouse but also a key player in providing lower-carbon energy solutions,” Milito added. “With its vast potential for carbon sequestration, the Gulf is essential for efforts to reduce emissions and decarbonize hard-to-abate industries.”
Meanwhile, the offshore wind sector has seen remarkable advancements in recent years. “Workers in states like Texas, Louisiana, North Carolina, and Florida are actively helping to build offshore wind projects. These projects are progressing safely and responsibly, with many already having steel in the water,” Milito added.
As the nation moves forward, Milito emphasized the critical legislative agenda ahead during the lame-duck session. “Funding the federal government and passing key legislation, such as permitting reform, should be top priorities,” Milito urged. “These measures are essential to laying the foundation for the incoming Congress, enabling them to build on this momentum and further expand bipartisan offshore energy priorities.” This includes mandating offshore oil and gas and wind lease sales, which are crucial for ensuring more certainty, and keeping these investments and projects within the U.S.
“By championing innovative offshore energy policies that foster continued development, we can drive meaningful energy progress that benefits all Americans, regardless of political party,” Milito concluded.
About NOIA
The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect workers, the public and the environment.
