America's moved so much of its production and manufacturing offshore, it's become a nation of middlemen.


Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.

Like a lot of business owners out there, I don't desire to face the continual flogging from government regulators who push burdensome and confusing state tax and employment laws on the business. It creates an unnecessary risk when, as an owner, I can just take it offshore.

Incredibly, oil and gas companies don't have to pay certain environmental costs that amount to small change to them, while an offshore wind project start-up is faced with fees that could mean the difference between building a wind farm and packing up and going home.

People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters.

Offshore drilling is not the solution to U.S. energy independence, and I am against opening parts of the Arctic, Pacific and Atlantic oceans to oil and natural gas production.