1
   

Oil leases from whom?

 
 
Reply Thu 19 Jun, 2008 08:54 am
We hear a lot nowadays about China, Vietnam and other countries leasing oil drilling rights off the coasts of the United States. Who are they leasing this maritime territory to drill oil from?

U.S. territorial waters extend three miles from the coast line. I always thought that everything beyond three miles was a sort of no-man's land (no-man's water, if you will), having jurisdiction by no one.

Why do other countries need a "lease" to drill oil off the American coasts? A lease from whom?
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 1 • Views: 703 • Replies: 0
No top replies

 
 

Related Topics

Leveraged Loan - Discussion by gollum
Web Site - Discussion by gollum
Corporate Fraud - Discussion by gollum
Enron Scandal - Discussion by gollum
Buying From Own Pension Fund - Discussion by gollum
Paycheck Protection Plan - Question by gollum
Dog Sniffing Electronics - Question by gollum
SIM CARD - SimTraveler - Question by gollum
Physical Bitcoin - Question by gollum
Bitcoin - Question by gollum
 
  1. Forums
  2. » Oil leases from whom?
Copyright © 2021 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 10/19/2021 at 12:11:47