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BLM: Most remaining federal onshore oil, gas off-limits

06/02/2008
US onshore public lands contain an estimated 31 billion bbl of crude oil and 231 tcf of natural gas, reported the US Bureau of Land Management in its latest inventory.It also found that 60% of the onshore federal acreage with oil and gas potential is closed to leasing, effectively making 62% of the oil and 41% of the gas inaccessible.Another 30% of federal onshore oil and 49% of federal onshore gas may be developed subject to seasonal timing and other restrictions over and above standard lease terms, according to the inventory, which the Energy and Policy Conservation Act of 2000 requires.In the 279 million acres that the inventory covered, 8% of the crude and 10% of the gas was accessibl...
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