Shelf

Rep. Lois Capps (D-CA) has introduced legislation to reinstitute the ban on oil and natural gas leasing in the federal Outer Continental Shelf (OCS) off the coast of California.

Rep. Lois Capps (D-CA) has introduced legislation to reinstitute the ban on oil and natural gas leasing in the federal Outer Continental Shelf (OCS) off the coast of California.

On the second leg of a four-city tour to hear from stakeholders as an Outer Continental Shelf (OCS) energy policy is crafted, Interior Secretary Ken Salazar Wednesday faced a crowd in New Orleans that was decidedly more friendly to oil and natural gas. Gulf Coast congressional members and industry representatives said the Obama administration’s plans to move toward renewables is a solid idea, but conventional gas and oil production remains paramount to domestic energy security.

The Atlantic Outer Continental Shelf (OCS) has the greatest renewable energy potential of all the offshore regions, while the Gulf of Mexico (GOM) and Alaska not surprisingly are believed to hold the largest trove of undiscovered technically recoverable resources (UTRR) of oil and natural gas, according to a joint report by two Interior Department agencies that was released last Thursday.

The Atlantic Outer Continental Shelf (OCS) has the greatest renewable energy potential of all the offshore regions, while the Gulf of Mexico (GOM) and Alaska not surprisingly are believed to hold the largest trove of undiscovered technically recoverable resources (UTRR) of oil and natural gas, according to a joint report by two Interior Department agencies that was released Thursday.

Developing Alaska’s Outer Continental Shelf (OCS) would, among other things, be an important factor in reducing risks for the proposed natural gas pipeline from the North Slope to Lower 48 states, a study prepared for Shell Exploration and Production has found.

U.S. producers are planning to direct more capital spending to drill on the Outer Continental Shelf (OCS) and in onshore natural gas basins, but they are not averse to investing in alternative energy to help the country transition away from fossil fuels, according to Deloitte LLP’s annual oil and natural gas industry survey.

U.S. producers are planning to direct their capital spending toward more drilling on the Outer Continental Shelf (OCS) and in onshore natural gas basins, but they are not averse to investing in alternative energy to help the country transition away from fossil fuels, according to Deloitte LLP’s annual oil and natural gas industry survey.

Sen. Jim DeMint (R-SC) introduced legislation Wednesday to permanently erase the bans on oil and natural gas drilling on the federal Outer Continental Shelf (OCS) and oil shale development in the Intermountain West.