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New York state reported oil and natural gas drilling permit growth doubling from 2000 to 2008, [55] contributing to 36,000 employment positions and an $8 billion economic impact in 2008. [56] West Virginia's economy grew $1.3 billion in 2009 as a result of the rush.
Oil and gas rights offshore are owned by either the state or federal government and leased to oil companies for development. The tidelands controversy involve the limits of state ownership. Although oil and gas laws vary by state, the laws regarding ownership prior to, at, and after extraction are nearly universal.
The United States offshore drilling debate is an ongoing debate in the United States about whether, the extent to which, in which areas, and under what conditions, further offshore drilling should be allowed in U.S.-administered waters. Oil drilling platform about two miles (3 km) off the coast of California, near Santa Barbara.
Diversified Energy primarily purchases end-of-life wells from major producers. These wells are inexpensive because state law requires non-producing wells be plugged, and the wells are priced with the expectation that they will have to be plugged in the near future. This is an expensive procedure, though.
The only state that has allowed oil and gas drilling beneath the Great Lakes in recent years has been Michigan, and that only by directional drilling from onshore surface locations. All oil and gas drilling, either on or directionally beneath the Great Lakes, has been banned by federal law since 2002.
In 2010, XTO Energy and ExxonMobil gave a $5 million grant to Colorado State University to fund studies on the impact of oil and gas drilling on wildlife. The grant resulted in 20 research projects. [30] [31] In April 2013, XTO Energy gave $100,000 to Butler County Community College. [32]
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