Drilling advances warrant new look at leasing of Pacific OCS

08/07/2006
Many facts about offshore oil and gas development relate to the formulation of a knowledge-based, rational national energy policy and should be a part of the current debate on offshore drilling legislation.Recent progress in drilling technology, for example, can open new avenues of inquiry about the potential of an area where activity is severely limited by federal policy: the Pacific Outer Continental Shelf. The oil and gas supply possible from federal waters off the US West Coast might in fact exceed estimates for the Arctic National Wildlife Refuge coastal plain in Alaska.The US Geological Survey estimates that the Alaskan area, the leasing of which has been subject to decades of contr...
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