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Posts Tagged ‘President Obama’

Positive measures announced by President Obama during today’s radio address:

  1. Hold a Gulf of Mexico lease sale this year and two next year
  2. Extend Gulf of Mexico and Alaska leases where drilling activity was suspended after the blowout
  3. Accelerate pre-sale seismic surveys in the Mid- and South Atlantic
  4. Conduct annual lease sales in Alaska’s National Petroleum Reserve

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Previewing his speech at a New York City fundraiser last night, Obama said he wants to break “the pattern of being shocked at high prices and then, as prices go down, being lulled into a trance.”

“Let’s actually have a plan,” he said. “Let’s, yes, increase domestic oil production, but let’s also invest in solar and wind and geothermal and bio-fuels and let’s make our buildings more efficient and our cars more efficient.” USA Today

Encouraging.

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From the State of the Union address:

The Interior Department is in charge of salmon while they’re in fresh water, but the Commerce Department handles them when they’re in saltwater. I hear it gets even more complicated once they’re smoked. President Obama

While this comment drew laughs from the audience, the regulation of salmon is rather straightforward compared to the extraordinarily complex regulatory regime for offshore facilities and pipelines. The first and most important recommendation in my testimony before the Senate Energy and Natural Resources Committee last May was as follows:

Streamline the OCS regulatory regime to minimize the potential for gaps, overlap, and confusion.  Because of the complexity of the OCS regime, regulatory and industry personnel spend too much time resolving and coordinating administrative and procedural matters.  This time would be better spent focusing on mission critical safety issues.   A single agency should be responsible and accountable for safety and pollution prevention at offshore facilities, and should draw on the expertise of other agencies and organizations as necessary to achieve performance objectives.

If we are to achieve our safety, pollution prevention, efficiency, and energy production objectives, the OCS regulatory regime must be consolidated and simplified.

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