As we’ve reported in this space before, the Minerals Management Service (MMS) of the Department of the Interior has posted its Outer Continental Shelf (OCS) leasing plan for 2007-2012 and invited comment from the general public. The deadline for comments is c.o.b. tomorrow, April 11.
The plan is inadequate in that it doesn’t allow full development of the OCS resources. Once we tap these stores of natural gas — 420 trillion cubic feet — we will see gas prices begin to drop immediately. Something about supply and demand…. Please click here to send your comment to the MMS and urge them to open up our supplies of natural gas. We remain the only country that limits access to its own natural resources. Let’s stop adversely impacting our own competitiveness and unleash the enormous supplies we have.
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