1
Submitted by:
ICF International9300 Lee HighwayFairfax, VA 22031703.218.2745Authors:Harry VidasBob Hugman
Strengthening Our Economy:The Untapped U.S. Oil andGas Resources
December 5, 2008
Prepared for:
American Petroleum Institute1220 L Street, NWWashington, DC 20005
2
This page intentionally blank
3
Table of Contents
1
Executive Summary..............................................................................................................7
1.1
Introduction and Report Findings..................................................................................7
1.2
Background.................................................................................................................9
1.3
Objectives of Study.....................................................................................................11
1.4
Approach to Study......................................................................................................11
1.5
History of Oil and Gas Assessments and Implications....................................................13
1.6
Summary of Resource Base Cases................................................................................17
1.7
Production Results......................................................................................................18
1.8
Private and Government Sector Economic Impact Analysis Results................................23
2
Outer Continental Shelf (OCS) Impact Analysis.....................................................................27
2.1
Oil and Gas Resources in OCS Moratoria Areas and Resource Base Assumptions...........27
2.2
Field Size Distributions for OCS Moratoria Areas..........................................................30
2.3
Setup of Cases for the OCS.........................................................................................33
2.4
Production Results for OCS Moratoria Areas................................................................35
2.5
Private Sector Economic Impact Results for OCS...........................................................38
3
ANWR Impact Analysis........................................................................................................41
3.1
Oil and Gas Resources in ANWR and Resource Base Assumptions.................................41
3.2
Setup of Cases for ANWR...........................................................................................43
3.3
Production Results for ANWR......................................................................................45
3.4
Private Sector Economic Impact Results for ANWR.......................................................48
4
Rockies Production Impact Analysis......................................................................................49
4.1
Oil and Gas Resources in the Rockies and Resource Base Assumptions..........................49
4.2
Production Results for Rockies.....................................................................................53
4.3
Private Sector Economic Impact Results for Rockies......................................................56
5
Comparison With Published Studies of Future Government Revenues from OCS, ANWR, andRockies......................................................................................................................................57
5.1
Introduction................................................................................................................57
5.2
Analysis of Revenues from Opening Moratoria and Off-Limits Resources.......................60
5.3
Analysis of Revenues from Entire OCS and Entire Federal Portion of Rockies.................64
Appendix A. Comparison with EIA and NPC Studies....................................................................69
Appendix B. MMS Offshore Production Lag Charts.....................................................................75
Appendix C. Industry Revenue and Expenditure Tables for Middle and Alternative Resource Cases.................................................................................................................................................77
Appendix D. Economic Impact Tables for Middle and Alternative Resource Cases........................89
Search History:
Result 00 of 00
00 results for result for
p.
Strengthening Our Economy: The Untapped U.S. Oil and Gas Resources
An ICF International study, commissioned by the American Petroleum Institute (API), shows that developing America's vast domestic oil and natural gas resources that had been kept off-limits by Congress until recently could generate more than $1.7…
(More)
3.6K
Reads
7
Readcasts
8
Embed Views
