The Fertilizer Institute Expresses Support For Interior Department’s Offshore Drilling Plan
Washington, D.C. – The Fertilizer Institute (TFI) issued the following statement today regarding the Interior Department’s Five Year Plan on offshore oil-and-gas drilling:
“The Fertilizer Institute (TFI) believes the Obama Administration’s recognition of the importance of developing and utilizing America’s natural resources to meet our nation’s energy needs is a step in the right direction. While the proposed plan does not go as far as the bipartisan action taken by Congress in 2008 which lifted the moratorium on offshore exploration, it’s an encouraging step toward expanding our domestic energy supplies and reducing our reliance on foreign sources of oil and gas. Natural gas is the primary feedstock for the manufacturing of nitrogen fertilizer which serves critical agriculture needs and for this reason, we are supportive of policies that encourage the development of a reliable and affordable supply of natural gas. However, we remain concerned about the impact of any future policies, particularly in the climate change arena, which could overwhelm any new supplies of natural gas.”
About the Fertilizer Institute
The Fertilizer Institute represents the nation’s fertilizer industry. Producers, wholesalers, retailers and trading firms which comprise its membership are served by a full time Washington, D.C., staff in various legislative, educational and technical areas as well as with information and public relations programs.