Macondo Oil Spill
This report addresses the environmental, economic, and revenue consequences to the federal government from the recently imposed ban on deepwater drilling in the U.S. Gulf of Mexico and all offshore drilling in the federal waters of arctic Alaska. The assessment concludes that the recently imposed me...
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| Format: | Text |
| Language: | English |
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2010
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| Online Access: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.391.7426 http://www.eprinc.org/pdf/MacondoPerspective.pdf |
| Summary: | This report addresses the environmental, economic, and revenue consequences to the federal government from the recently imposed ban on deepwater drilling in the U.S. Gulf of Mexico and all offshore drilling in the federal waters of arctic Alaska. The assessment concludes that the recently imposed measures to curtail domestic exploration in the deepwater will not substantially reduce the risk of an oil spill, but will impose severe and potentially long-term economic costs, job losses, setbacks to U.S. energy security, and lost fiscal revenue. |
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