We have significant energy resources on the continental shelf, according to the The U.S. Department of Interior.
The U.S. Department of Interior Thursday published a summary review of energy resources on the U.S.'s Outer Continental Shelf that highlights the potential for renewable development but downplays development of recoverable oil and natural gas assets.
In an effort to transform the country away from a fossil fuels-based economy to a low-carbon, alternative energy future, President Barack Obama has directed his administration to review the country's oil and gas development.
According to the executive summary of the report, around 20% of the Atlantic coastal states' electricity needs could be met through wind power, and it highlighted environmental concerns of oil development.
The report contains no new renewable, oil or gas resource assessment data ... But energy experts say those resource estimates are likely to be much higher in the next USGS assessment.