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The Fiscal and Economic Impacts of Federal Onshore Oil and Gas Lease Moratorium and Drilling Ban Policies

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The Fiscal and Economic Impacts of Federal Onshore Oil and Gas Lease Moratorium and Drilling Ban Policies

This study estimates the investment and production losses from policies to restrict oil and gas development on federal lands. The first policy is a moratorium on all new federal leases. The second involves an outright drilling ban on all onshore federal lands. The scope of this inquiry includes a study region that includes eight states: Wyoming, New Mexico, Colorado, Utah, Montana, North Dakota, California, and Alaska. These lost opportunities are estimated by first projecting how drilling and production activity is likely to evolve from 2021 through 2040 and then identifying what portion would be affected by the two policies.

File Name: eori-library/economics/Final-Report-Federal-Leasing-Drilling-Ban-Policies-2020.pdf
File Size: 5.4 MB
File Type: application/pdf
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Author: Dr. Timothy J. Considine
Publication Year: 2020
State: Wyoming, New Mexico, Colorado, Utah, Montana, North Dakota, California, Alaska