The Tide Has Turned: Incorporating the Law of the Sea Treaty Into America's Energy Policy
Article from: OGEL 3 (2009), in OGEL Student Special
(University of Houston Law Center) The U.S. possesses one of the world's most extensive coastlines and an expansive continental shelf; it is estimated that the continental shelf may be as broad as 600 miles off the coast of Alaska. Ratification would put significant offshore acreage back into play, potentially adding billions of barrels to the nation's energy reserves. A United Nations study done in 2001 concluded that the "U.S. would reap up to $1.3 trillion in additional oil, minerals, and sedentary fish species as a result of the increase in ...