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Monday, March 28, 2011

White House Blog explains policy on Domestic Oil and Gas Production

Posted by Heather Zichal on March 27, 2011 at 3:50 PM EDT

 Some recent comments in the press have attempted to paint a picture that an agreement on energy issues signed during the President’s trip to Brazil shows a lack of commitment to domestic oil and gas production.

Let’s be clear – this administration is committed to developing a broad range of energy sources, and we know that high prices at the pump are forcing Americans to make tough choices.

That is why we continue to take steps that, over the long run, will save Americans money at the pump and lessen our reliance on foreign oil.

We stand by our desire to be a strategic partner of Brazil on energy issues, but when it comes to domestic production our record speaks for itself, and regardless what some would like to claim, that record makes clear that we are fully committed to developing domestic resources safely, responsibly, and efficiently.

It has been less than a year since the largest oil spill in U.S. history. In that time, this Administration has worked aggressively to implement unprecedented new safety and environmental standards that build on the lessons learned from the Deepwater Horizon oil spill.

Contrary to misleading claims, production has continued. Following the development of important new standards, the Department of the Interior (DOI) has worked with industry to ensure they meet the standards, and as a result has to date issued 39 permits for new shallow water wells.

In February, oil companies were finally able to develop the first deepwater containment systems – designed to contain spills if the worst happens, as it did in the case of the Deepwater Horizon.

Based on that ability – evaluated on a case-by-case, permit-by-permit basis –since February 28th, DOI has issued six deepwater drilling permits.

Each permit needed to comply with all of the new standards, including demonstrating that they could contain an underwater oil spill like the one that released 4.9 million barrels of oil into the Gulf of Mexico just last year.


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