The remaining oil and gas reserves and resources of the Outer Continental Shelf (OCS) represent one of America's largest publicly owned assets. Through 1980, OCS oil and gas leases had produced $62.8 billion in gross revenue and $41.3 billion in bonus, royalty, and rental payments to the federal government (U.S. Geological Survey, 1981).
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8.
MeadW. J.MuraokaD. D.SorensenP. E. (1982). “The Effect of Taxes on the Profitability of U.S. Oil and Gas Production, A Case Study of the OCS Record.” National Tax Journal (March).
9.
MillsapsSteven W.MackOtt (1981). “Information and Bidding Behavior by Major Oil Companies for Outer Continental Shelf Leases: Is the Joint Bidding Ban Justified?” The Energy Journal2, No. 3 (July): 71-90.
10.
MuraokaD. D. (1981). The Effect of Taxation on the Rate of Return on Outer Continental Shelf Leases Issued from 1954-1969. Ph. D. dissertation, University of California, Santa Barbara.
11.
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12.
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