Editorial: OCS leasing hope

07/04/2005
With an initiative that didn’t make it into comprehensive energy legislation, the US Congress late in June took its most important step yet toward a solution to what should be a top-priority energy problem. The step was a proposal to let states opt out of moratoriums on oil and gas leasing of federal waters off their coasts. It was important partly because it offered hope that the US someday will end its costly refusal to explore and develop hydrocarbon resources off the East and West Coasts and in the eastern Gulf of Mexico. It was important also because it came from gas-consuming states newly awakened to the importance of domestic production.The proposal took the form of a Senate ...
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