Prohibition of Offshore Oil and Gas Development Will Impact Economic Growth in the Arctic

NANA Regional Corporation (NANA) is concerned with the Obama Administration’s recent announcement of a plan to prohibit future offshore drilling rights in the Chukchi and Beaufort Seas.

This decision was made without consultation of tribes and Alaska Native Corporations, which is outlined in Executive Order 13175, and is counter to the Administration’s National Strategy for the Arctic Region.

By failing to consult, the Administration is not taking into account the economic impacts of prohibiting offshore drilling in the Arctic.

NANA supports responsible resource development that prioritizes the protection of subsistence foods and resources. This off-shore oil and gas policy was developed after consultation with the 11 communities in the NANA region.

“As the residents and stewards of the Arctic, we balance responsible development and economic opportunity with the preservation of our traditional way of life,” said Wayne Westlake, NANA’s President and CEO. “We must have a seat at the table when determining the future of our home.”

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NANA Regional Corporation represents over 14,000 Iñupiat shareholders with ancestral ties to Northwest Alaska. Our mission is to improve the quality of life for our shareholders by maximizing economic growth, protecting and enhancing our lands, and promoting healthy communities with decisions, actions, and behaviors inspired by our Iñupiat Ilitqusiat values consistent with our core principles.