Offshore Gulf fields hinder U.S. petroleum imports claims Senate study
Senate committees chair Birch Bayh and economist Walter Measday contend Gulf of Mexico leases under federal control could yield nearly twice present output. Fields along the Louisiana coast account for 86 percent of federal lease production, with 79 fields producing 10 000 barrels per day below potential. They argue this shortfall raises questions about price decontrol and domestic production claims.
MENTIONED IN THIS ARTICLE
Bwashington
Gulf of Mexico
Senate
Bayh
Walter S. Measday
Tex
Elieveunumist
Ford
USA
Measday
Louisiana
Gulf
Povd
Oil leases dominated by few majors warns of market control
The study warns that 15 major oil firms account for a large share of lease production, indicating concentration in the industry. It notes potential price implications and questions about who drives development and decisions, while considering the impact of selling oil at uncontrolled prices.
MENTIONED IN THIS ARTICLE
Measday
EPA to curb airborne sulfates health risk policy
The EPA announced plans to bar further increases in airborne sulfates, signaling a nationwide effort to curb this unregulated pollutant. A three to four year research window precedes any nationwide standard, as the agency aims to limit emissions in high sulfates areas and influence power plant fuel choices.
MENTIONED IN THIS ARTICLE
Washington
Environmental Protection Agency
EPA
Prada
Federal Energy Administration
California objects to offshore oil rules as inadequate
Sacramento says proposed federal rules to govern outer continental shelf development fail to protect California’s economy and environment. State officials urge clearer separation of exploration from development and insist on higher level approval, greater disclosure, and local input in leasing impacts.
MENTIONED IN THIS ARTICLE
Sacramento
Brown
Thesday
Federal
California
Interior Department
Preble Stolz
Office of Planning and Research
U.S. Geological Survey
Vincent B. McKelvey
U.S. Geological
Interiou
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Press-Telegrava
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Birch Bayh
Wes
Cal
Gran
Stolz
Fidelity Fedeohsavnes
Long Beach
San Pedro
Westurn
Alondra
Ballflower
Boz
Jcpenney
Sun
Willy Soul Reiguso
Ihril Sun
Los Angeles
Orange, Riverside
San Bernardino
Ventura Counties
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