President-elect Trump has made it clear that reducing the national debt will be a top priority for his administration. Adding to this focus, Elon Musk has thrown his weight behind the proposed Department of Government Efficiency, or DOGE, a bold initiative aimed at scrutinizing government spending and revenues.
The offshore sector, encompassing oil, gas, wind, and emerging technologies like carbon sequestration and hydrogen, can significantly contribute to fiscal health. Congress and the White House must collaborate to develop a comprehensive policy that supports a regular and predictable leasing schedule across all these sectors.
To fully leverage America’s energy potential and address fiscal priorities, Congress and the White House must unite in crafting a comprehensive policy that embraces all facets of offshore energy. A forward-looking offshore energy policy must establish a predictable and regular leasing schedule across all energy sectors.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
