Home > newsroom > Page
***NEW TODAY*** EIA Short Term Energy Outlook: Gulf of Mexico Production Down, U.S. Oil Imports Up


WASHINGTON, D.C., March 8, 2011 - Today, the Department of Energy’s independent U.S. Energy Information Administration (EIA) released their latest Short Term Energy Outlook for projected crude oil production in the Gulf of Mexico (GOM) and net U.S. imports (see charts below). Despite the misleading comments made by Interior Secretary Salazar last week, GOM crude oil production has continued to significantly decline since the Obama Administration’s de facto moratorium. EIA’s latest numbers also show the Obama Administration’s anti-energy policies have made us more vulnerable to energy price spikes as we have become increasingly reliant on unstable foreign energy.

“The numbers don’t lie—it’s clear that this Administration is taking U.S. energy policy in exactly in the wrong direction. Gas prices are closing in on $4 per gallon and thousands of people are out of work in the Gulf because of the de facto moratorium on drilling permits,” said Natural Resources Committee Chairman Doc Hastings. “Unemployment is only going to get worse as this Administration’s policies continue to increase the cost of gasoline, which trickles down to every sector of our economy. We need to use our resources to produce American made energy, create good jobs, and insulate ourselves from uncontrollable energy prices spikes.”

###

Printable PDF of this document


Contact: Jill Strait, Spencer Pederson or Crystal Feldman 202-226-9019

Latest News

House Passes Bipartisan “National Park Service Centennial Act”

Today, the House passed H.R. 4680, the “National Park Service Centennial Act” (Chairman Rob Bishop, R-UT), bipartisan legislation to equip the National Park Service (NPS) with the tools to better mana...... Read more

USGS Fails to Explain Decades of Data Manipulation, Management Failures and Culture of Harassment

Today, the Subcommittee on Oversight and Investigations held an oversight hearing to examine decades of data manipulation at the United States Geological Survey (USGS), generally recognized as a preem...... Read more

WRDA Agreement Delivers for Drought-Stricken West

Today, House Committee on Natural Resources Chairman Rob Bishop (R-UT) issued the following statement on the Water Infrastructure Improvements Act for the Nation (WIIN) Act, a comprehensive water reso...... Read more

View All News

Calendar

No upcoming scheduled events

View All Events