Why We Must Expand Drilling in the Outer Continental Shelf

By: Steve Maley (Diary)  |  August 4th at 09:21 PM  | 

“Why don’t we just go drill the 86 billions of barrels we know we have?!” So goes the argument for expanding drilling in the OCS (or in ANWR, or any other unexplored basin, for that matter) – as if there is an existing inventory of “proved reserves” just waiting to be exploited. The problem is, many of the places where those 86 billion barrels supposedly | Read More »