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- W50613802 abstract "The U.S. government owns almost a billion acres of land on the Outer Continental Shelf (OCS). This land may have as much as 40 billion barrels of oil and 230 trillion cubic feet of gas remaining to be put to profitable use. At the same time, development of these resources raises many sensitive environmental issues. In an attempt to address some of these concerns, in 1978 Congress mandated the use of bidding methods of OCS oil and gas leasing, in addition to the conventional cash bonus bidding system. Today these policies are universally criticized by developers, environmentalists, and state and local governments. In Offshore Lands, Walter Mead and his colleagues examine various problems, including the process by which firms bid for leases on OCS tracts; the property rights governing the use of OCS tracts, particularly as they affect resource conservation; environmental concerns pertaining to oil spills and the like; and political resistance from adjacent states and localities." @default.
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- W50613802 date "1985-01-01" @default.
- W50613802 modified "2023-09-23" @default.
- W50613802 title "Offshore lands. Oil and gas leasing and the environment on the Outer Continental Shelf" @default.
- W50613802 hasPublicationYear "1985" @default.
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