2. Drilling Lease
• A drilling lease ban affects the ability of U.S. companies to
take advantage of resources in the Atlantic, Pacific, and
eastern Gulf of Mexico as well as in Alaska
– Natural Resource Committee
• Nonetheless, the U.S. has been in the news for its potential to
be energy independent and overtake Saudi Arabia in oil
production
– U.S. Poised to be Top Oil Producer
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3. Jobs
• Already the energy industry has emerged as the country’s no.
1 job-creating sector
– Job Creating Sector
• Many reports estimate the sector being able to generate
millions of jobs over the next 8 years, and maintaining a
strong rise in job numbers for years to come
– Unconventional Oil and Gas, Job Growth
• In January 2012, companies along the Gulf Coast were
experiencing reduced employee numbers
– Small- and Medium-sized Businesses Serving Louisiana's Energy
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4. Drilling Can Grow Jobs
• “Increased access to domestic oil and natural gas – rather than increased
taxes on the U.S. oil and natural gas industry….increased activity could (by
2025) create 530,000 jobs…”
API: Study Shows Path to Growth
• “Many are asking ‘how can we create more jobs?’…one obvious place to
start would be to encourage sectors in which jobs are already growing –
including the U.S. oil and natural gas industry.”
Where is the Job Growth?
• “But the biggest growth by far has taken place in the mining, oil and
natural gas industries, where jobs expanded by 60% creating a total of
500,000 new jobs…the quality of these jobs are far higher *than those
created by health care or education+.”
Future Job Growth Lies in Traditional Energy Industries
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5. Proposed 2012-2017
Offshore Drilling Lease
• The most recently voted upon drilling lease plan occurred in
Congress in July 2012
• The original plan (HR 6168) was rejected, but HR 6082 was
approved: HR 6082
– “The U.S. House of Representatives today rejected H.R. 6168…offshore
drilling plan that place 85 percent of America’s offshore energy
resources under lock-and-key”
– “…approve HR 6082,…a robust energy plan that offers 29 lease sales in
areas known to contain the most oil and natural gas resources…”
Offshore Drilling Plan
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6. HR 6082
• Under the approved plan, it was announced on Oct.
25 that 20 million acres off the coast of Texas will be
up for bid to offshore energy producers next month
– Gulf Lease Sale off Texas Gulf Coast: 1, 2
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7. Expectations for the Gulf of Mexico
• The Gulf of Mexico has a “bright • “190,000 new jobs could be created
future” in all markets: “from drilling in 2013 if permitting in the Gulf of
to subsea, floating production and Mexico for offshore development” is
marine construction.” okayed
Jobs 2013
• Spending is estimated to rise 30%
in 2013 with expenditures to reach
$167 billion from 2013-2016. • “In 2013, employment is projected to
reach its highest level…at 430
thousand jobs…” (6)
GoM:Bright Future Quest Offshore
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8. Energy Industry Jobs
• Visit www.gasunlim.com and click on job
opportunities
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