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OGJ Newsletter

12/15/2008
General Interest — Quick TakesStudy: Tapping off-limit US resources beneficialDevelopment of US oil and gas resources that Congress has kept off-limits for decades could generate more than $1.7 trillion in government revenues, create thousands of new jobs, and enhance the nation’s energy security by significantly boosting domestic energy production, a new study suggested.The study by ICF International, which the American Petroleum Institute commissioned, concluded that developing offshore areas covered by congressional moratoriums until recently, along with resources in the Arctic National Wildlife Refuge and a small portion of currently unavailable land in the Rocky Mountains,...
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