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Garret Graves - Roger Williams University School of Law

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Future <strong>of</strong> Offshore Energy• Hundreds <strong>of</strong> billions <strong>of</strong> barrels <strong>of</strong> oil produced overseveral decades• Trillions <strong>of</strong> cubic feet <strong>of</strong> natural gas produced• Risk associated with global transport/GhGs• Moratorium: no corresponding reduction in demand• Increasing imports/hundreds d <strong>of</strong> billion$ toVenezuela, Nigeria, Middle East…o American Valueso Environmental stewardship• DWH was an anomaly/gross negligence• Continue to pursue alternative energy sources

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