On the recordJanuary 27, 2015
Madam President, earlier this week--actually, yesterday and today--the Department of the Interior announced a plan that will allow the permitting in 2017 for offshore oil and gas drilling off the Outer Continental Shelf of our beautiful east coast. The concern we have with this measure is not unlike the concern my friends may have in Alaska, with steps taken by the administration that actually limit the true potential of these regions. Like Alaska, we have a number of opportunities for offshore oil and natural gas drilling that have not been exploited in the past, and I am afraid that under the current course and speed of the administration's action, they will not be fully exploited to the benefit of North Carolinians and many east coast States. That is why Senator Burr and I have sponsored an amendment that directs the administration to take more decisive and more comprehensive action so we can seize the opportunity for North Carolina and many of our neighbor States. The main reason we are doing this is because I think North Carolina and the east coast can do their part to make our Nation an energy super power. We can also have enormously positive impact on our economy as we move forward. This slide depicts some of the initial estimates for the economic impact that we could have by simply directing the Department of the Interior to issue leases and to allow exploration and ultimately extraction off the coast.…





