The Oil Drum: Deep Ocean Energy Resources — A Critical Analysis

On June 29th, the House of Representatives passed the Deep Ocean Energy Resources (DOER) Act. This bill may be taken up by the Senate soon. The legislation is now in the news and the mudslinging has begun.

Conservative organizations and the media are pushing the main agenda, which is to open up areas of the US Outer Continental Shelf (OCS) to oil natural gas E&P (exploration and production).

In this piece, we’ll take a realistic view of what’s going on and investigate the question of whether opening up the OCS to drilling will save us.

Much more after the jump to The Oil Drum.

The Oil Drum