Young Shares Thoughts on Interior Department’s Offshore Oil and Gas Lease Program
"I find little rejoice in the inadequate number of lease sales being offered today and the regulatory environment under which they are being released”
March 15, 2016
WASHINGTON, D.C. – Alaskan Congressman Don Young today shared the following statement in response to the Department of Interior’s (DOI) Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017 to 2022:
“For years, the Obama Administration has sent crippling blows to the Alaskan people by forging ahead with policies and programs that make it nearly impossible to pursue any new forms of responsible resource development. While Alaska doesn’t necessarily lose footing in its fight for new development opportunities in today’s Proposed Program, the plan does nothing to roll back the harmful decision last year to take massive portions of the Beaufort and Chukchi Seas off the table for future oil and gas leases. Likewise, today’s announcement leaves the door open for further areas to be put off limits as the Program is finalized.
“The three lease proposals announced today contain vast amounts of resources, and it was very important that they remained on the table in the Proposed Program. However, considering the insurmountable regulatory burdens put in place by the DOI during Shell’s OCS exploration, I have little confidence potential bidders will come forward on the two Arctic lease sales. Unless the DOI and the agencies under its umbrella work to create a regulatory environment that truly gives exploration a chance, I have no expectation for successful development in the Arctic OCS under the Obama administration. I find little rejoice in the inadequate number of lease sales being offered today and the regulatory environment under which they are being released.”