API-NOIA Reports Benefits of Expanding South-Central Gulf Energy Development
The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) released a new report, Unlocking the New South-Central Gulf of America for Energy Development: Potential Economic Impacts and Opportunities, highlighting the opportunity to strengthen U.S. energy security and economic growth throug...
This report presents a compelling economic case for expanding offshore energy development in the South-Central Gulf, but it’s important to recognize the framing and potential blind spots. The strongest version of this narrative is that responsible energy development can simultaneously boost U.S. energy security, create jobs, and generate significant economic activity—all while leveraging existing infrastructure and workforce capabilities. The projections are substantial, and if accurate, they co...
