Full Title: The Economic Effects of Immediately Opening Federal Lands to Oil, Gas, and Coal Leasing
Author(s): Joseph R. Mason
Publisher(s): Institute for Energy Research
Publication Date: December 1, 2015
Full Text: Download Resource
Description (excerpt):
While headlines have reported declining oil, gas, and coal prices, those declines do not deter from the fact that U.S. energy resources are valuable to our domestic economic growth. The most recent government estimate of those benefits was a 2012 Congressional Budget Office (CBO) study, produced at the request of the House Budget Committee, which analyzed federal lease revenues that could be expected to arise from a proposal to open federal lands and waters to oil, gas, and coal extraction.