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US Must Create Business Climate, Preserve Production in Outer Continental Shelf

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The United States must create a prosperous business climate that would support energy production in the Outer Continental Shelf, US Bureau of Safety and Environmental Enforcement Director Scott Angelle stated in a press release on Tuesday.

WASHINGTON (Sputnik) — Oil production in the Gulf of Mexico, Angelle noted, was at a high in the first half of 2017 made possible through investments of more than a decade ago.

"Now is the time for this generation of Americans to create a business climate worthy of investments in the Outer Continental Shelf so production from American energy won’t be reduced," Angelle stated.

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Energy companies along the Gulf Coast create about 1.7 million barrels of crude oil a day, the release noted.

The Outer Continental Shelf supports more than 300,000 jobs throughout the United States and has a capacity to create more, according to the release.

In April, President Donald Trump signed an executive order directing the Interior Department to conduct a review of the existing five-year program for oil and gas development in the Outer Continental Shelf.

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