PETROLEUM RESOURCES UNDER THE OCEAN FLOOR SUPPLEMENTAL REPORT OF THE NATIONAL PETROLEUM COUNCIL Prepared by THE NATIONAL PETROLEUM COUNCIL'S COMMITTEE ON E. D. Brockett, Chairman with the assistance of Technical Subcommittee on Petroleum Resources Dr. Hollis D. Hedberg, Chairman March, 1971 PREFACE The National Petroleum Council, an industry advisory body representing virtually all sections of the U.S. oil and gas industries, was established by the Secretary of the Interior on June 18, 1946, pursuant to a directive of the President of the United States. The purpose of the Council is to advise, inform and make recommendations to the Secretary of the Interior with respect to matters relating to petroleum or the petroleum industry submitted to it by the Secretary. This report, supplemental to Petroleum Resources Under the Ocean Floor published in March 1969, expresses the consensus of the membership of the National Petroleum Council. Association of representatives of the Department of the Interior and other government agencies with the deliberations of the Council on this subject does not connote endorsement of the recommendations expressed by the Council in this report. The National Petroleum Council recognizes that the military establishment is highly dependent upon adequate petroleum supplies for its mobility, but beyond that aspect, has excluded from this report any discussion of military implications of seabed use. The views expressed in the report are those of the Council and do not necessarily reflect the views of the Department of the Interior or of the United States Government. |