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Don't Ride Two Horses Warns Firms on Submerged Lands
Washington dispatch reports a Department of Interior official warning bidders on 73 500 acres of submerged oil lands off Louisiana that submitting both federal and state offers risks losing on either side when the Supreme Court decides ownership. The dispute centers on historic coastal boundary versus outer continental shelf holdings under the Submerged Lands Act. Louisiana and federal actions threaten to block rival lease sales as court action looms. Senate bill led by Douglas would repeal the act and restore federal title beyond three miles.
MENTIONED IN THIS ARTICLE
Harry Wilson Sharpe
Washington
Department of Interior
Louisiana
New Orleans
Supreme Court
United Press
Department of Justice
The
Louisiana Legisla
Ture
Texas
Interior Department
Louisiana State Mineral Board
Robert Kenyon
Interior
Clarence A. Davis
Davis
Justice Department
Paul H. Douglas
D-I