Subcommittee on Energy and Mineral Resources Oversight Hearing on "Effect of the President’s FY 2013 Budget and Legislative Proposals for the Bureau of Ocean Energy Management (BOEM) and Bureau of Safety and Environmental Enforcement (BSEE) on Private Sector Job Creation, Domestic Energy Production, Safety and Deficit Reduction"
Thursday, March 8, 2012 | 9:30 AM
Subcommittee on Energy and Mineral Resources
SUBCOMMITTEE ON ENERGY AND MINERAL RESOURCES
OVERSIGHT HEARING ON:
OPENING STATEMENT: The Honorable Doug Lamborn WITNESSES AND TESTIMONY: Panel I Tommy Beaudreau James Watson Panel II Senior Policy Analyst, Senior Vice President Energy & Natural Resources Research FBR Capital Markets (Truth in Testimony Form) Brady L. Como Jim Adams Michael Conathan BACKGROUND: This hearing will focus on the spending priorities outlined in the President's Fiscal Year 2013 budget for the Bureau of Ocean Energy Management (BOEM) and Bureau of Safety and Environmental Enforcement (BSEE) and how their projected activities will impact the safe and efficient development of both oil and gas and renewable energy on our nation's Outer Continental Shelf (OCS). While energy production surges forward on state and private lands, lands that belong to the American people are being held back by the Obama Administration. Under the Outer Continental Shelf Lands Act, both BOEM and BSEE are responsible for managing our nation's offshore resources in order to address the needs of the American people. However, in these trying economic times, the nation has seen policies from the Administration that hold back vast new areas from potential leasing and slow walk the plan approval and permitting processes. This hearing will provide Members will an opportunity to ensure that BOEM and BSEE are held accountable for the funding requests they have made and that this funding is allocated in such a way that address several of the issues that Committee Members have raised over the past months, such as the pace of plan approvals and permitting and the lack of new areas for future leasing. |
Sign up to receive news, updates and insights directly to your inbox.