By February 14, 2018 0 Comments Read More →

For energy dominance, make states equal partners in offshore energy

President Trump’s ambitious plan for expanded drilling off the coasts has caused quite a stir.

As initially proposed, the plan would open up for development 98 percent of undiscovered, technically recoverable oil and gas resources in offshore areas owned by the federal government. There are 47 potential lease sales off the nation’s coasts that, if leased, could increase government revenue and GDP by billions while creating hundreds of thousands of jobs.

But if Trump wants to pursue his plans of energy dominance, he should share the spoils of energy development with the states.

 

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Posted in: Opinion

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