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

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

Bishop: Lackluster Emissions Accounting, Bureaucratic Incompetence Undergird Administration’s Methane Agenda

Yesterday, the Government Accountability Office (GAO) released a report on the Bureau of Land Management’s (BLM) accounting and management of natural gas emissions on onshore federal lands. Committee ...... Read more

View All News

Calendar

No upcoming scheduled events

View All Events