Offshore Oil and Gas Drilling
Opening the Outer Continental Shelf to Exploration and Development
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In his January 2006 State of the Union message to Congress,
President George W. Bush pronounced that the
United States was “addicted to oil.” In fact, the country uses
20.6 million barrels of petroleum products each day —
about one-fourth of global consumption. Over the next
quarter-century, world oil demand is expected to rise by
about 50 percent because of population growth and the consumerism
that comes with it.
About 20 percent of domestic oil production and 27
percent of domestic natural gas production takes place offshore.
However, in 1981, Congress acted to protect
America’s coasts, beaches, an…
In This Issue
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Foreword
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Outer Continental Shelf Overview
Federal Oil and Gas Leasing and Revenue Distribution
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Major Federal Laws
Statutes Governing Coastal Waters Management
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Petroleum in the Marine Environment
Impact of Extraction, Transportation, and Consumption
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Proposed Minerals Management Service Program
Five-Year Plan for OCS Oil and Gas Leasing
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Deep Ocean Energy Resources Act
Summary of Major Provisions
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Legislative Background
Recent Action on Offshore Oil and Gas Drilling
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Pro & Con
Should the House Pass H.R. 4761, the Deep Ocean Energy Resources Act?