Washington – ATR President Grover Norquist issued the following statement this week in response to President Obama’s announcement that he will indefinitely ban new oil and gas offshore drilling leases in vast areas of the Arctic and Atlantic oceans:
“President Obama’s announcement this week that he will ban oil and gas drilling leases in large parts of the Arctic and Atlantic oceans is an unprecedented and ideologically driven move to appease far left environmentalists undertaken in the waning hours of his administration.
“Obama’s move to ban oil and gas drilling chokes off the vast economic potential these areas would offer the American economy through increased energy production and the creation of good paying jobs. In the Arctic alone, these areas are estimated to hold 27 billion barrels of oil and over 130 trillion cubic feet of natural gas.
“Obama’s actions are all too typical of a president concerned only with ‘green’ vanity at the expense of American prosperity. ATR looks forward to working with President-elect Trump to undo this and a number of other economically disastrous policies put forth under the Obama administration.”
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