On the recordJune 20, 2019
We don't need a moratorium off the coast of California. We actually need a resurgence in domestic energy development offshore. I heard from the gentleman that the last oil spill was in 1969. Let's see, it is 2019. Fifty years later, technology has been much different. While the local demand for oil in California has dropped over the last 40 years, foreign dependence has increased from 5 percent to 57 percent. In 2018, California imported 135 million barrels of oil from Saudi Arabia alone. According to the national offshore energy industry, leasing in the 240 million acres of currently off-limits areas would support an additional 165,000 jobs and inject $15 billion in annual contributions to the economy. There are already 23 active oil platforms in Federal waters adjacent to California. Once again, let me repeat, there are 23 active oil platforms in Federal waters adjacent to California. These platforms produced nearly 17,000 barrels of oil per day in 2016 and brought in $32.8 million in total royalties in fiscal year 2016. In a State that is importing 57.5 percent of its refined oil from foreign nations, it is imperative that we take the opportunity to utilize domestic energy supply. Once again, let's highlight that: 57.5 percent is from overseas, which is much dirtier than what we produce here. If we are concerned about climate change and emissions, we ought to be importing less and looking at what we actually do.…





