"It's disappointing this administration would base much of its decisions regarding offshore oil and gas development on faulty assumptions," added Crawford Patkotak, ASRC board chairman. "Today's surprise announcement will have lasting negative effects across the U.S. Arctic without seeking input from those who call the region home."
Reviews and procedures within OCSLA are strictly stated to ensure the protection of human, marine and coastal environments. Unfairly restricting oil and gas exploration, simply to suffice the climate change goals of the president and his supporters, endangers Alaskan jobs and the economic outlook of North Slope communities and the entire state of Alaska.
Today's announcement follows Obama's decision last month to cancel offshore lease sales through 2022 in the Chukchi and Beaufort seas, blatantly ignoring feedback from Arctic residents and Alaska's congressional delegation. Also in November, ASRC announced the purchase of federal offshore leases, formerly owned by Shell, in and near Camden Bay. Although the administration's decision today does not directly affect these leases, it sets a precedent for future regulatory actions that could have a negative impact on responsible development in the Arctic.
A statewide poll, conducted in late October, shows Alaskans overwhelmingly support offshore oil and gas development in the state. More than two-thirds of Alaskans (76%) support offshore resource development and almost universally believe it has a big impact on their economy (88%).
Arctic Slope Regional Corporation is owned by and represents the business interests of the Arctic Slope Iñupiat. Since opening enrollment in 1989 to Alaska Natives born after 1971, the corporation's shareholder base has nearly tripled, growing from the 3,700 original enrollees to around 13,000 today. Corporate headquarters are based in Barrow, Alaska, with administrative and subsidiary offices located in Anchorage and throughout the United States. ASRC, along with its family of companies, is the largest Alaskan-owned company, employing approximately 12,000 people worldwide. The company has six major business segments: petroleum refining and marketing, energy support services, industrial services, construction, government services and resource development.
Sr. Director of Communications
Desk (907) 339-6888
Mobile (907) 223-3253
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/asrc-reacts-to-presidents-plan-to-permanently-restrict-offshore-oil-and-gas-development-in-alaskas-arctic-300382288.html
SOURCE Arctic Slope Regional Corporation