ABSTRACT

CRS Issue Statement on Oil and Natural Gas Markets [January 19, 2010]   [open pdf - 94KB]

This issue statement addresses energy security in the United States. From the text: "The sudden plunge of crude oil and gasoline prices in the second half of 2008 eased the urgency of legislative efforts to deal with high prices. In the 111th Congress, the energy focus shifted toward alternative energy sources and related policies regarding global climate change, but a number of oil and gas issues and questions remained to be resolved. Primary among them was the issue of increasing domestic production of conventional oil and gas resources, particularly the long-standing moratorium on oil and gas leasing on much of the Outer Continental Shelf, which the 110th Congress allowed to expire."

Report Number:
CRS Issue Statement, IS40357
Author:
Publisher:
Date:
2010-01-19
Copyright:
Public Domain
Retrieved From:
Penny Hill: http://pennyhill.net/
Format:
pdf
Media Type:
application/pdf
URL:
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