PUBLIC HAS INTEREST IN OIL, GAS ACTIVITY

Outer Continental Shelf Sale 147 of late March must not slide by as some fluky blockbuster. In a period of flux in energy policy, the sale offers important lessons. Sale 147, for example, should put an end to worries that the Minerals Management Service (MMS) doesn't receive fair market value for OCS leases. Late last year, MMS cited that concern as a possible reason to change the leasing system. Any such change can, of course, be expected to reduce the amount of acreage offered and

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