OCS Leasing Policy: Its Effects on the Structure of the Petroleum Industry

Mark Kosmo

The Energy Journal, 1985, vol. 6, issue 1, 79-96

Abstract: The disposition of offshore lands is one of the decade's most im- portant and controversial natural resource policy issues. Several disputes focus on the economic effects of federal Outer Continental Shelf (OCS) leasing policy. This paper addresses one of these disputes-how will OCS leasing policy affect the structure of the petroleum industry? This paper presents and summarizes an econometric model that evaluates the competitive implications of alternative OCS leasing policies. Specifically, it seeks to explain the differential bidding success of the major, minor, and independent oil companies.1 The following determinants of OCS access were evaluated.

Keywords: Oil companies; US Outer continental shelf; Oil exploration and development. Leasing policy (search for similar items in EconPapers)
Date: 1985
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.5547/ISSN0195-6574-EJ-Vol6-No1-8 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:6:y:1985:i:1:p:79-96

DOI: 10.5547/ISSN0195-6574-EJ-Vol6-No1-8

Access Statistics for this article

More articles in The Energy Journal
Bibliographic data for series maintained by SAGE Publications ().