US outer continental shelf petroleum resources
Despite the need to develop US petroleum resources on the outer continental shelf (OCS), controversy and uncertainty continue over the establishment of a ''proper policy'' for the OCS. Following a brief background review of the history of OCS legislation, the authors survey recent empirical investigations into the problems and prospects of competitive leasing and development that cover industry concentration, bidding patterns, and rate of return. They also describe ecological issues affecting exploration and development in the OCS regions. The conflict between energy resource issues and environmental issues in this area revolves around the question of acceptable levels of economic sanctions and environmental protection coincident with the optimal level of exploration and developement activity. 20 references.
- Research Organization:
- Research Triangle Inst., Research Triangle Park, NC
- OSTI ID:
- 6037578
- Journal Information:
- Growth Change; (United States), Journal Name: Growth Change; (United States) Vol. 15:2; ISSN GRCHD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020900* -- Petroleum-- Environmental Aspects
021000 -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
BIDS
CONTINENTAL MARGIN
CONTINENTAL SHELF
ENERGY SOURCE DEVELOPMENT
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL POLICY
EXPLORATION
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
LEASING
LEGISLATION
MINERAL RESOURCES
OFFSHORE OPERATIONS
PETROLEUM DEPOSITS
RESOURCES