A number of prominent voices in the energy debate are discussing the need for continued safe, environmentally responsible offshore oil and natural gas development. EIA estimates demonstrate that the United States will consume 14 percent more energy in 25 years, including alternatives, renewables and oil and natural gas.
A USA TODAY editorial from yesterday explains that limiting or banning offshore drilling would deny our nation access to 40 to 60 billion barrels of recoverable oil--about six to eight years of current U.S. consumption.
With about one-third of U.S. oil production coming from the Gulf, the editorial makes the point that we need oil, but we also need to find out what went wrong in the Deepwater Horizon tragedy and apply the lessons learned. We couldn't agree more.