Offshore Oil and Gas Drilling
Opening the Outer Continental Shelf to Exploration and DevelopmentBuy Full Issue$34.95
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
- Read More
Federal Oil and Gas Leasing and Revenue DistributionRead More
Statutes Governing Coastal Waters ManagementRead More
Impact of Extraction, Transportation, and ConsumptionRead More
Five-Year Plan for OCS Oil and Gas LeasingRead More
Summary of Major ProvisionsRead More
Recent Action on Offshore Oil and Gas DrillingRead More
Pro & Con
Should the House Pass H.R. 4761, the Deep Ocean Energy Resources Act?