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Many Americans now pay more than $3.00 per gallon for gasoline even though the U.S. sits atop massive pools of untapped oil. According to the Energy Information Administration, the U.S. imported 3.67 billion barrels of oil in 2005. But a report delivered to Congress in February by the Interior Department's Minerals Management Service estimates there are 85.88 billion barrels of undiscovered oil off U.S. shores on the Outer Continental Shelf.
In February, the Interior Department's Minerals Management Service (MMS) delivered to Congress what the energy industry must have considered good news: The agency's estimate of recoverable oil and gas reserves on the outer continental shelf had grown by 15% and 16%, respectively, since the last assessment in 2001. But all that oil and gas generated offshore has to move onshore at some point, and that is where things look far less rosy. During last year's hurricanes, the Coast Guard reported nine major oil spills of more than 7 million gallons when coastal infrastructure was devastated. While Congress debates the future expansion of oil and gas exploration, the MMS in August released its five-year plan for 2007-2012. Under the strategy, it would sell 21 leases in seven of 21 designated p...
The U.S. Department of the Interior's Minerals Management Service named Jon Hrobsky as a new deputy director. Hrobsky will assist MMS Director Randall Luthi in overseeing mineral resources on the nation's Outer Continental Shelf, including the exploration, development and production of oil and natural gas.
With a majority of Americans ready to increase domestic oil drilling on land and in the oceans, one might think the process would begin quickly. Think again. The pertinent states have some critical decisions to make. State legislators are considering in their deliberations how "royalties" - which are user fees that oil companies pay to use federal land to produce oil - are distributed between the federal government and the states. Current law requires the Interior Department's Minerals Management Service to collect the fees from oil companies and divide them evenly with the 36 states currently allowing drilling within their borders. There is, however, a catch to the law that is key to coastal drilling exclusively: States get only 27 percent of royalties from oil drilling on federal land...
ROCKPORT - The U.S. Interior Department's Minerals Management Service will hold a public workshop on new regulations regarding renewable energy development on the outer continental shelf from 3:30 to 5:30 p.m. Monday, June 15, at the Samoset Hotel, Knox County Ballroom. The final framework for Renewable Energy Development on the OCS was published in the Federal Register on April 29. The workshop is open to the public and will consist of a presentation on the new regulations and a question-and-answer session.
The Interior Department's inspector general also found that the Minerals Management Service has conflicting relationships with the energy industry, a working environment in which poor or no communication compounded existing distrust, and a malfunctioning $150 million computer system that accountants said is worse than the one it replaced. The findings came in an investigation begun at the request of Kempthorne and members of Congress to examine multiple lawsuits by MMS auditors who claimed that the agency tried to prevent their efforts to collect millions of dollars in payments from energy companies.
WASHINGTON - Despite President Obama's promises of better safeguards for offshore drilling, federal regulators continue to approve plans for oil companies to drill in the Gulf of Mexico with minimal or no environmental analysis. The Department of the Interior's Minerals Management Service has signed off on at least five new offshore drilling projects since June 2, when the agency's acting director announced tougher safety regulations for drilling in the Gulf, a McClatchy Newspapers review of public records has discovered.
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