• What is it?

  • The Facts

The Outer Continental Shelf refers to all submerged lands lying seaward of state coastal waters that are under jurisdiction of the federal government.

In January 2018, the U.S. Department of the Interior released a proposal for a five-year offshore oil and natural gas leasing plan that included all available planning areas, including the Arctic, Atlantic, Pacific and the entire Gulf of Mexico.

Click here to read ExxonMobil’s letter to the U.S. Department of the Interior expressing support for the proposed five-year leasing plan and providing suggestions on potential improvements to leasing terms and structure.

  • Recent studies estimate that leasing and developing all offshore areas could support nearly 750,000 new jobs, generate nearly $200 billion in cumulative revenue for federal and state governments, and contribute more than $60 billion per year to the U.S. economy.
  • Approximately 95 percent of OCS land is currently unavailable to oil and natural gas leasing.
  • Opening these additional areas to drilling will enable the U.S. to access a greater portion of its significant energy resource potential.

Do you think it’s important for the U.S. to access more of its significant natural resources to realize its full potential?

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