SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (254696)6/17/2008 12:29:03 AM
From: Snowshoe  Read Replies (1) | Respond to of 793794
 
>>Do the States or the Fed control off-shore drilling?<<

The states generally control offshore drilling within 3.45 miles of the shore, but state control for Texas and the west coast of Florida extends to 10.35 miles. Here in Alaska, the state leases shallow water oil/gas acreage near Anchorage and on the North Slope. Pioneer just turned on the taps for one of these new fields...

Oooguruk unit produces first oil
petroleumnews.com

The feds control oil/gas leasing beyond these limits, but state politicians retain a lot of influence over decision making. Supposedly Jeb Bush got a promise from GWB that there would be no offshore oil development in Florida.

McCain's language sounds a little muddied, but I think he's on the right track. I posted earlier here that the feds need to dangle money in front of the states to get their politicians to support local offshore drilling. I think they should wait until oil hits $250/barrel, and take a big federal cut to help pay down the national debt. ;)>



To: LindyBill who wrote (254696)6/17/2008 9:26:16 AM
From: Triffin  Respond to of 793794
 
LB ..

RE: OCS for oil ..

Why open up the hardest areas to develop ??

Here's the Dept. of Interior's best guess for on-shore
domestic oil and gas resources that are currently in
'restricted' areas ..


DOI's Bureau of Land Management (BLM) recently published its Scientific Inventory of Onshore Federal Lands' Oil and Gas Resources and the Extent and Nature of Restrictions or Impediments to Their Development. The report concludes that onshore federal lands are "estimated to contain 187 trillion cubic feet of natural gas and 21 billion barrels of oil, which represents 76 percent of onshore Federal oil and gas resources." That 187 trillion cubic feet of natural gas is enough to supply all of America's households for 39 years, and 21 billion barrels of oil represents over 30 years' worth of current imports from Saudi Arabia.


It won't save us, but it would be a start ..
Save the off-shore OCS stuff for later ..

Triff ..