Home > blog > Page
Study Reinforces Need for American Energy Development
Posted by Spencer Pederson on February 24, 2011
As America’s dependence on foreign oil is highlighted by increased gasoline prices due to political unrest in North Africa and the Middle East, a newly released study confirms what Natural Resources Republicans have been telling President Obama for two years: Increased American energy production creates jobs, increases American energy security and helps reduce our national debt.

Specifically, the study found the following production potential in Alaska’s Arctic outer continental shelf (OCS):

  • 10 billion barrels of oil
  • 15 trillion cubic feet of natural gas
  • 55,000 new jobs
  • $145 billion in new payroll nationally
  • $193 billion in government revenue through the year 2057
    Post a Comment
    Fill out the fields below to submit a comment

    Latest News

    Letter: Members Call on Interior to Withdraw Methane Rule, Address Agency Failures Worsening Emissions

    Today, House Committee on Natural Resources Chairman Rob Bishop (R-UT) and House Majority Leader Kevin McCarthy (R-CA) sent a letter to the Secretary of the Interior Sally Jewell about the extreme reg...... Read more

    Obama Administration Proposals Highlight Need for ESA Reform, Will Protect Serial Environmental Litigation

    Today, the U.S. Fish and Wildlife Service (FWS) published its final methodology for identifying and prioritizing species’ listings under the Endangered Species Act (ESA). House Committee on Natural Re...... Read more

    Panel: Common Sense Reforms Needed to Promote Charity and Economic Growth in Clark County, NV

    Today, the House Committee on Natural Resources held an oversight hearing on improving management and utilization of federal lands in and around North Las Vegas. Chairman Rob Bishop (R-UT), Rep. Crese...... Read more

    View All News

    Calendar

    No upcoming scheduled events

    View All Events