Moratoria may cost U.S. $2.36 trillion
New study assesses the impact on U.S. economy of keeping closed federal land off limits for O&G exploration and development
In 2008, faced with energy security issues and soaring oil prices, President Bush and the U.S. Congress eliminated some decades-long moratoria on oil and gas development in huge tracts of federal offshore and onshore territory. But in a continuing debate over whether oil and gas exploration should i....
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Possible cumulative loss of $2.36 trillion
Two resource estimates
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