By Paul Driessen —— Bio and Archives--February 9, 2018
Global Warming-Energy-Environment | Comments | Back To Full Article
Under the current offshore energy program developed during the Obama years, 94% of the nation's Outer Continental Shelf (OCS) is off limits to leasing and drilling. Under the Draft Proposed Program (DPP) announced January 4 by Secretary of the Interior Ryan Zinke, over 90% of OCS acreage and 98% of "undiscovered, technically recoverable oil and gas resources" in these federal offshore areas (beyond the 3-mile limit of state waters) will be considered for possible future leasing, exploration and development.
The Trump-Zinke plan proposes the largest number of lease sales in US history: 19 off Alaska, 7 in the Pacific, 9 in the Atlantic, and 12 in the Gulf of Mexico (where the vast majority of leasing, drilling and production have taken place over the past 65 years). Government experts estimate that these areas could hold 90 billion barrels of oil and 327 trillion cubic feet of natural gas, worth over $6.5 trillion.
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